"BYD's domestic sales in February fell 65% year-over-year to 89,590 vehicles, despite maintaining overseas shipments with 100,600 units exported that month, highlighting the challenges faced in the domestic market."
Tesla's Q4 2025 revenue was $24.9 billion, down 3.1% year-over-year, with vehicle deliveries falling 16% to 418,227 units. However, energy generation and storage revenue increased by 25% to $3.84 billion. Gross margin expanded to 20.1%, indicating cost discipline. In contrast, BYD delivered 4.54 million vehicles in 2025, a 6.94% increase, but faced a 41.1% sales drop in February 2026, marking six months of decline. Domestic sales in China fell 65% year-over-year, despite strong overseas exports.
Read at 24/7 Wall St.
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