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Tesla loses title as world’s biggest electric vehicle maker as sales fall for second year in row

by Euro Times
January 2, 2026
in Business
Reading Time: 2 mins read
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FILE PHOTO: Tesla electrical automobiles are pictured at one of many firm’s supply facilities in Valenton, close to Paris, France, April 24, 2025.
| Photograph Credit score:
BENOIT TESSIER

Tesla misplaced its crown because the world’s bestselling electrical automobile maker on Friday as a buyer revolt over Elon Musk’s right-wing politics and stiff abroad competitors pushed gross sales down for a second 12 months in a row.

Tesla mentioned that it delivered 1.64 million automobiles in 2025, down 9 per cent from a 12 months earlier.

Chinese language rival BYD, which offered 2.26 million automobiles final 12 months, is now the most important EV maker.

For the fourth quarter, gross sales totalled 418,227, falling wanting the 440,000 that analysts polled by FactSet anticipated. The gross sales complete could possible have been impacted by the expiration of a$7,500 tax credit score that was phased out by the Trump administration on the finish of September.

Even with a number of points buffeting the corporate, the inventory completed 2025 with a achieve of roughly 11 per cent, as traders hope Tesla CEO Musk can ship on his ambitions to make Tesla a pacesetter in robotaxi service and get customers to embrace humanoid robots that may carry out fundamental duties in properties and places of work.

Shares of Tesla rose virtually 2 per cent earlier than the opening bell on Friday.

Printed on January 2, 2026



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