(Jan 6): Tesla's sales volume in Germany nearly halved in December from the same month last year, the German road traffic agency KBA said on Tuesday. The number of Teslas sold in 2025 dropped 48.4% to 19,390 units compared with the same period last year. By contrast, the volume of Chinese electric vehicle manufacturer BYD surged more than 12-fold to 4,109 units in December, reaching 23,306 units in 2025. The total number of newly registered electric vehicles in 2025 increased by 43.2% to 545,142 units, KBA added. Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, hit by rising competition, the expiry of U.S. tax credits and brand backlash.

Source: The Edge Markets January 06, 2026 16:15 UTC