Tesla’s global vehicle sales fell by 9% in 2025, allowing Chinese automaker BYD to overtake it as the world’s top electric vehicle seller. Tesla said it delivered 1.63 million vehicles in 2025, down from 1.79 million in 2024. Tesla delivered 418,227 vehicles, a 15.6% decline compared to the same period last year. The results were below market expectations, causing Tesla shares to fall more than 2% after markets reopened following the New Year holiday. Tesla saw strong demand in the third quarter as buyers rushed to purchase vehicles before the incentive ended. Meanwhile, BYD delivered 2.26 million EVs in 2025, taking the global lead. Tesla has also lost market share in Europe and China due to growing competition from Chinese brands. Despite plans by CEO Elon Musk to focus more on AI and robotics, Tesla still relies heavily on EV sales, which remain its main source of revenue. Read more in our articles including "BYD surpasses Tesla in 2025 Global EV sales" and "Francisco Motors enters EV Market with Elektron SUV".
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Apr 14, 2026Tesla’s global vehicle sales fell by 9% in 2025, allowing Chinese automaker BYD to overtake it as the world’s top electric vehicle seller. Tesla said it delivered 1.63 million vehicles in 2025, down from 1.79 million in 2024.
Tesla delivered 418,227 vehicles, a 15.6% decline compared to the same period last year. The results were below market expectations, causing Tesla shares to fall more than 2% after markets reopened following the New Year holiday. Tesla saw strong demand in the third quarter as buyers rushed to purchase vehicles before the incentive ended.
Our coverage of Tesla vs BYD includes: "BYD surpasses Tesla in 2025 Global EV sales"; "Francisco Motors enters EV Market with Elektron SUV"; "Mastercard contactless payments now accepted on LRT-2". Each article provides unique insights and information.