Automundo China

Sales at Elon Musk’s company slump after Donald Trump’s withdrawal of EV subsidies

Chinese automaker expected to surpass Tesla in annual electric vehicle sales for the first time.

Tesla ceded the crown of the world’s biggest EV maker to Chinese rival BYD for the first time.

Full-year electric vehicle sales figures have dropped for 2025, revealing China's BYD is now officially global top dog.

A customer revolt against Musk’s right-wing politics contributed to a 9 per cent sales drop, allowing BYD to overtake Tesla as the top EV maker.

Tesla's sales fell in 2025, the company reported Friday, ceding its position as the world's biggest electric vehicle maker for the year to Chinese auto giant BYD.

The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.

NEW YORK (AP) — Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics and stiff overseas competition pushed sales down for a second year in a row. Tesla said that it delivered 1.64 million vehicles in 2025, down 9% from a year earlier. Chinese rival BYD, which sold 2.26...

In 2011, Tesla CEO Elon Musk dismissed Chinese electric vehicle maker BYD as a competitor. But some 14 years later, BYD beat the American EV pioneer at its own game.