Tesla misplaced its throne because the world’s largest electrical automobile maker after reporting a brutal fourth quarter that noticed gross sales drop 16 % to 418,000 automobiles. China’s BYD took the top spot with 2.26 million EVs offered globally in 2025, up 28 % from final 12 months.
The collapse got here after the September elimination of the $7,500 federal EV tax credit sparked a third-quarter shopping for frenzy that cannibalized year-end gross sales. Tesla’s stale product lineup additionally didn’t assist. The Mannequin Y hasn’t seen main updates since its 2020 launch, and the Cybertruck delivered a paltry 11,642 models in This fall after as soon as promising over 200,000 annual gross sales.
However Wall Road stays unfazed, conserving Tesla inventory close to file highs as traders guess on Elon Musk‘s robotaxi and humanoid robotic imaginative and prescient quite than precise automobile gross sales. The corporate has quietly deserted its formidable 20-million-vehicles-by-2030 goal.
Tesla misplaced its throne because the world’s largest electrical automobile maker after reporting a brutal fourth quarter that noticed gross sales drop 16 % to 418,000 automobiles. China’s BYD took the top spot with 2.26 million EVs offered globally in 2025, up 28 % from final 12 months.
The collapse got here after the September elimination of the $7,500 federal EV tax credit sparked a third-quarter shopping for frenzy that cannibalized year-end gross sales. Tesla’s stale product lineup additionally didn’t assist. The Mannequin Y hasn’t seen main updates since its 2020 launch, and the Cybertruck delivered a paltry 11,642 models in This fall after as soon as promising over 200,000 annual gross sales.
However Wall Road stays unfazed, conserving Tesla inventory close to file highs as traders guess on Elon Musk‘s robotaxi and humanoid robotic imaginative and prescient quite than precise automobile gross sales. The corporate has quietly deserted its formidable 20-million-vehicles-by-2030 goal.
