fromFast Company
4 hours agoTesla loses title as world's biggest electric carmaker
Tesla lost its crown as the world's bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk's right-wing politics, expiring U.S. tax breaks for buyers, and stiff overseas competition pushed sales down for a second year in a row. Tesla said that it delivered 1.64 million vehicles in 2025, down 9% from a year earlier. Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker. It's a stunning reversal for Musk, who once dismissed BYD as a threat as Tesla's rise seemed unstoppable, crushing traditional automakers with far more resources and helping make him the world's richest man.
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