Tesla has lost its position as the world\u2019s bestselling electric vehicle maker after reporting a second consecutive annual decline in sales. The company said it delivered 1.64 million vehicles in 2025, representing a 9% decrease compared with the previous year.<\/p>\n\n\n\n
The drop comes amid growing overseas competition and a backlash from some customers linked to the political views of chief executive Elon Musk.<\/p>\n\n\n\n
Chinese automaker BYD has overtaken Tesla to become the world\u2019s biggest electric vehicle producer. The company sold 2.26 million vehicles in 2025, surpassing Tesla\u2019s annual deliveries by a wide margin.<\/p>\n\n\n\n
The shift highlights the increasing strength of Chinese manufacturers in the global EV market and the pressure facing established players.<\/p>\n\n\n\n
In the fourth quarter, Tesla delivered 418,227 vehicles, below the 440,000 units expected by analysts surveyed by FactSet. The weaker performance may have been affected by the expiration of a $7,500 US tax credit, which was phased out at the end of September.<\/p>\n\n\n\n
The removal of the incentive reduced price support for buyers during a key period for vehicle sales.<\/p>\n\n\n\n
Despite the decline in deliveries, Tesla shares ended 2025 with a gain of roughly 11%. Investors continue to focus on the company\u2019s longer-term ambitions, including plans to develop a robotaxi service and expand into humanoid robots designed to perform basic tasks in homes and offices.<\/p>\n\n\n\n
On Friday, Tesla shares rose nearly 2% in premarket trading.<\/p>\n","protected":false},"excerpt":{"rendered":"
Global deliveries fall as competition intensifies Tesla has lost its position as the world\u2019s bestselling electric vehicle maker after reporting a second consecutive annual decline in sales. The company said it delivered 1.64 million vehicles in 2025, representing a 9% decrease compared with the previous year. The drop comes amid growing overseas competition and a […]<\/p>\n","protected":false},"author":10772,"featured_media":13183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[3200],"class_list":{"0":"post-13182","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-n"},"_links":{"self":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts\/13182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/users\/10772"}],"replies":[{"embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13182"}],"version-history":[{"count":1,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts\/13182\/revisions"}],"predecessor-version":[{"id":13184,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts\/13182\/revisions\/13184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/media\/13183"}],"wp:attachment":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}