Tesla Loses EV Crown to BYD Amid Sales Slump & Musk's Politics

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Firstpost•02-01-2026, 21:02
Tesla Loses EV Crown to BYD Amid Sales Slump & Musk's Politics
- •Tesla lost its title as the world's top EV maker to Chinese rival BYD after a second consecutive year of declining sales.
- •Tesla delivered 1.64 million vehicles in 2025, a 9% drop, while BYD sold 2.26 million vehicles.
- •Falling sales are attributed to customer backlash over Elon Musk's politics and the expiration of a $7,500 tax credit.
- •Despite current sales dips, investors remain optimistic, focusing on Musk's vision for robotaxis, energy storage, and humanoid robots.
- •Tesla introduced cheaper Model Y and Model 3 versions in Q4 to boost sales and compete with Asian markets.
Why It Matters: Tesla's EV dominance ends as BYD takes lead, but investors eye Musk's future tech ventures.
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