{"id":7320,"date":"2026-01-03T00:16:38","date_gmt":"2026-01-03T00:16:38","guid":{"rendered":"https:\/\/inernews.online\/?p=7320"},"modified":"2026-01-03T00:16:38","modified_gmt":"2026-01-03T00:16:38","slug":"tesla-loses-place-as-worlds-top-electric-vehicle-seller-to-chinas-byd-elon-musk-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=7320","title":{"rendered":"Tesla loses place as world\u2019s top electric vehicle seller to China\u2019s BYD | Elon Musk News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>Decline in sales comes amid outrage of Elon Musk&#8217;s political forays, end in US electric vehicle tax breaks.<\/em><\/p>\n<\/div>\n<div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 2 Jan 2026<\/span><span aria-hidden=\"true\">2 Jan 2026<\/span><\/p>\n<\/div>\n<div class=\"rich-share\" data-testid=\"rich-share\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share2 icon--primary icon--16 \" viewbox=\"0 0 20 16\" version=\"1.1\" aria-hidden=\"true\"><title>share2<\/title><path fill=\"#000\" fill-rule=\"evenodd\" d=\"M11.688 9.048c-.659 0-1.252.282-1.673.733l-4.92-2.45c.016-.115.028-.232.028-.352 0-.117-.011-.23-.027-.343l4.913-2.423a2.285 2.285 0 0 0 1.68.739C12.964 4.952 14 3.899 14 2.6 14 1.302 12.965.25 11.688.25S9.377 1.302 9.377 2.601c0 .117.01.23.027.343L4.49 5.367a2.285 2.285 0 0 0-1.68-.739C1.536 4.628.5 5.681.5 6.979c0 1.299 1.035 2.35 2.312 2.35.659 0 1.252-.281 1.673-.731l4.92 2.45a2.357 2.357 0 0 0-.029.351c0 1.299 1.035 2.351 2.312 2.351S14 12.698 14 11.399s-1.035-2.35-2.312-2.35Z\" clip-rule=\"evenodd\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>Tesla has lost its place as the top global seller of electric vehicles to Chinese company BYD, capping a year defined by outrage over CEO Elon Musk\u2019s political manoeuvring and the end of United States tax breaks for customers.<\/p>\n<p>The company revealed on Friday that it had sold 1.64 million vehicles in 2025, compared with BYD\u2019s 2.26 million vehicles. The sales represented a 9 percent decline for Tesla from a year earlier.<\/p>\n<section class=\"more-on\">\n<h2 class=\"more-on__heading\">Recommended Stories<!-- --> <\/h2>\n<p><span class=\"screen-reader-text\">list of 3 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/section>\n<p>Tesla, founded in 2003, had for years far outpaced traditional automakers in its development and sale of electric vehicles. However, the market has become increasingly crowded with competitors, with China\u2019s electric vehicle market bounding ahead.<\/p>\n<p>Musk\u2019s embrace of US President Donald Trump in 2024 and subsequent spearheading of a controversial \u201cgovernment efficiency\u201d panel (DOGE) behind widespread<strong> layoffs of<\/strong>\u00a0federal workers has also proved polarising. The political foray prompted protests at Tesla facilities and slumps in sales.<\/p>\n<p>The company\u2019s fourth quarter sales totaled 418,227, falling short of the much-reduced 440,000 target that analysts recently polled by FactSet, an investment research firm, had expected.<\/p>\n<p>Musk left DOGE in May, in what was largely viewed as an effort to reassure investors.<\/p>\n<p>Tesla was also hard hit by the expiration of a $7,500 tax credit for electric vehicle purchases that was phased out by the Trump administration at the end of September. Trump\u2019s opposition to electric vehicles has contributed to a strained relationship with Musk.<\/p>\n<p>Despite the downward trends in sales, investors have generally remained optimistic about Tesla and Musk\u2019s ambitious plans to make the company a leader in driverless robotaxi services and humanoid robots for homes.<\/p>\n<p>Reflecting that optimism, Tesla stock finished 2025 up about 11 percent.<\/p>\n<p>Tesla has also recently introduced two less expensive electric vehicle models, the Model Y and Model 3, meant to compete with cheaper Chinese models for sale in Europe and Asia.<\/p>\n<p>Musk entered 2026 as the wealthiest person in the world.<\/p>\n<p>It is widely believed that the public offering of his rocket company, SpaceX, set for later this year, could make the 54-year-old the world\u2019s first trillionaire.<\/p>\n<p>In November, Tesla\u2019s directors awarded Musk a potentially historic pay package of nearly $1 trillion if ambitious performance targets were met.<\/p>\n<p>Musk scored another huge win in December,when the Delaware Supreme Court reversed a lower court\u2019s ruling, awarding him a $55bn pay package that had been paused since 2018.<\/p>\n<p>Conversely, Tesla is at risk of temporarily losing its licence to sell cars in California after a judge there ruled it had misled customers about the safety of its driverless taxis.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decline in sales comes amid outrage of Elon Musk&#8217;s political forays, end in US electric vehicle tax breaks. Published On 2 Jan 20262 Jan 2026 Click here to share on social media share2 Share Tesla has lost its place as the top global seller of electric vehicles to Chinese company BYD, capping a year defined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-7320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/7320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7320"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/7320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/7321"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}