Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival. BYD took Tesla's crown after Elon Musk's automaker reported its second consecutive annual sales drop.
Sales at Elon Musk's company slump after Donald Trump's withdrawal of EV subsidies
BYD Co (HKG:1211, LSE:0HKY, OTCQX:BYDDY) has overtaken Tesla Inc (NASDAQ:TSLA) to become the world's largest seller of battery-electric vehicles in 2025, marking the first time the Chinese automaker h
The Chinese company sold 2.3 million all-electric cars in 2025. That will easily top Tesla's expected 1.7 million units, making BYD the top seller of all-electric cars globally.
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
China EV maker BYD has published preliminary sales data for 2025 that could put it ahead of Tesla when it comes to global sales.
BYD (BYDDF) met its full-year sales target in 2025 and is expected to have surpassed Tesla (TSLA) to become the world's largest electric-vehicle maker, accordin
BYD remained the leader in EV sales, delivering more than 4.54 million vehicles for 2025. That far exceeds Tesla's 735,274 China wholesales from January to November, based on data from China Passenger
The two carmakers are poised to publish their final annual sales figures for 2025. Based on available sales data, it appears all but certain that BYD will officially surpass Tesla.
Chinese auto company BYD's sales growth slowed significantly in 2025 amid intensified competition at home, but it was still set to top Tesla as the world's biggest electric vehicle company.

China's BYD logs record EV sales in 2025

12:24pm, Thursday, 01'st Jan 2026
Chinese auto giant BYD sold 2.26 million electric vehicles last year, a company statement showed Thursday, setting a new record for any firm globally.
Elon Musk-led Tesla's preemptive release of delivery estimates is 'highly unusual,' says investor Gary Black.
Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world's biggest electric vehicle company in annual sales.
China's electric vehicle (EV) industry is accelerating its global expansion, with exports surging across emerging and developed markets, while domestic champion BYD appears poised to overtake Tesla as
Chinese automakers recorded a major surge in November exports, with 87% growth to 199,836 vehicles across multiple countries.
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