Summary
Tesla is no longer the biggest electric vehicle maker in the world, as its sales fell for the second year. In 2025, the Chinese company BYD sold more electric vehicles than Tesla.
Key Facts
- Tesla delivered 1.64 million vehicles in 2025, which is 9% fewer than the previous year.
- Chinese company BYD sold 2.26 million electric vehicles last year, making it the largest EV maker.
- In the fourth quarter of 2025, Tesla sold 418,227 vehicles, missing the analysts' expected figure of 440,000.
- The end of a $7,500 tax credit in September, decided by the Trump administration, may have affected Tesla's sales.
- Despite the drop in sales, Tesla’s stock went up by about 11% in 2025.
- Investors are optimistic about Tesla’s future in robotaxi service and humanoid robots.
- Tesla shares increased by nearly 2% before the market opened on the reporting day.
