BYD Overtakes Tesla in 2025 EV Sales, Elon Musk's 2011 Laughter Haunts Him

• BYD officially surpassed Tesla in global electric vehicle sales for 2025, selling 2.26 million EVs compared to Tesla's 1.64 million.
• This marks the first time a competitor has overtaken Tesla on a full-year basis, signifying a major shift in the global EV market.
• Elon Musk famously laughed off BYD as a competitor in 2011, a moment now widely recirculated online.
• BYD's success is attributed to rapid model launches, aggressive pricing, market expansion, and strong supply chain control, especially in batteries.
• While Tesla still holds significant brand influence, BYD has won the "volume game" in 2025, highlighting intense EV market competition.

Why It Matters: BYD's 2025 EV sales victory over Tesla highlights a major market shift and the perils of underestimating competitors.