In the first quarter of 2025, BYD achieved remarkable sales growth of 60%, selling around 416,000 EVs and 570,000 hybrids. This marks the second consecutive quarter where BYD outsold Tesla, which faced a disappointing delivery figure of 336,700 EVs. While Tesla struggles with falling sales and increased scrutiny on CEO Elon Musk, BYD experiences robust expansion, especially in overseas markets. The Chinese automaker’s aggressive pricing and innovation further intensify competition, with BYD launching the Tai 3 SUV and new self-driving technology, while Tesla's stock and European market sales have dramatically declined.
BYD's sales have surged 60%, outselling Tesla for two quarters, highlighting a fierce competition in the EV market with growing international presence.
Tesla's recent quarterly deliveries have disappointed, marking the lowest performance since 2022, while BYD is aggressively expanding in global markets.
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