Key Highlights
- Tesla's sales fell 9% in 2025, delivering 1.64 million vehicles.
- BYD has surpassed Tesla as the world's largest electric vehicle maker with 2.26 million units sold.
- Tesla's fourth quarter deliveries totaled 418,227, falling short of analyst expectations.
- The decline in sales is attributed to the expiration of federal tax incentives and a shift in consumer attitudes.
- This marks Tesla's second consecutive year of declining sales.
