Tesla Loses Title as World's Biggest Electric Vehicle Maker
Digest more
The scale of the shift is striking. Company filings and aggregated data cited by outlets such as Ground News indicate that BYD sold about 2.26 million EVs in 2025, versus roughly 1.64 million for Tesla, giving the Chinese group close to a 600,000‑unit edge.
Tesla Inc. (NASDAQ: TSLA) ended 2025 with strong production and energy storage deployments, but struggles in Europe.
Tesla shares rose 1.5 per cent before regular trading in New York on Friday, recovering some gains following six consecutive declines over the final trading days of 2025. The stock advanced 11 per cent last year.
Annual sales figures for 2025 show Tesla has lost its crown as the world's top electric vehicle seller to Chinese rival BYD. Elon Musk's Tesla reported a bigger-than-expected fall in fourth-quarter deliveries on Friday and delivered 1.64 million cars in 2025, down nine percent from the previous year.
The electric-car maker kicked off 2026 with a disappointing update on vehicle deliveries. But is demand about to pick back up?
Tesla's sales fell in 2025, the company reported Friday, ceding its position as the world's biggest electric vehicle maker for the year to Chinese auto giant BYD.
Tesla is on course for its second consecutive drop in annual vehicle sales, with the company compiling an average estimate for 1.6 million deliveries, down more than eight per cent from a year earlier. The carmaker’s estimates for the next three years are also lower than averages compiled by Bloomberg.