Tesla lost its crown as the world’s biggest electric-car maker in 2025 to China’s BYD after suffering its second consecutive year of declining vehicle sales.
Elon Musk’s group delivered 1.64mn fully electric vehicles last year, a 9 per cent fall from the 1.79mn it shipped in 2024, it said on Friday, in the wake of fierce competition and the cancellation of US tax credits for EV purchases.
BYD this week said it had it sold 2.26mn pure EVs in 2025, up 28 per cent from a year earlier following expansion in Europe and other overseas markets.
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