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Tesla annual sales decline 9% as it’s overtaken by BYD as global EV leader

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Tesla annual sales have fallen for the second year in a row, a drop fueled by the removal of the federal tax credit in the U.S. and competition from Chinese automakers.

Tesla delivered 1.63 million vehicles globally in 2025, a 9% fall from 1.79 million in 2024, according to figures released by the company. Notably, about 50,850 of those vehicles are considered “other models,” a collection that includes the Cybertruck as well as its older Model X and Model S.

Tesla reported fourth-quarter sales of 418,227, a 15.6% drop from the same…

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