"Tesla has had a long run as the top electric vehicle seller in the world, but that streak appears to be at an end - and it's been upset by a company that has zero presence in the U.S. automotive market. That automaker is China's BYD, which reached another impressive milestone - 10 million plug-in vehicles manufactured - just over a year ago."
"Writing at the Los Angeles Times, Caroline Petrow-Cohen reports that BYD delivered 2.25 milliion electric vehicles in 2025, as compared to Tesla's 1.64 million. This represents a year-over-year drop for Tesla, but even if the company had maintained its 2024 levels of EVs delivered - 1.79 million - that would not have been sufficient to overcome BYD's numbers for the year."
"Petrow-Cohen and the analysts she spoke with cite a number of factors for Tesla's fall from the top of the sales charts. One issue is more and more automakers are expanding their EV offerings; Tesla is no longer the only game in town. Given that Tesla's one high-profile addition to its lineup is the Cybertruck - which was, let's say, a touch polarizing - drivers looking for something different from Tesla haven't had many options."
BYD delivered 2.25 million electric vehicles in 2025 while Tesla delivered 1.64 million, enabling BYD to overtake Tesla globally. BYD reached 10 million plug-in vehicles manufactured just over a year earlier. Tesla's deliveries declined year-over-year from 1.79 million in 2024. Increasing competition and expanding EV offerings from many automakers have reduced Tesla's market dominance. Tesla's Cybertruck proved polarizing and Tesla models are perceived by some as aging compared with newer alternatives. BYD has expanded internationally, increasing U.K. dealerships to 125 and adding consumer attractions like all-terrain parks in China. Some Tesla owners have raised safety concerns.
Read at InsideHook
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