Tesla on Friday reported lower sales than expected in the fourth quarter of 2025, ceding its position as the worlds biggest electric vehicle company in annual sales to Chinese auto giant BYD.
The American company led by Elon Musk logged 418,227 deliveries in the final three months of the year, taking its full-year sales figure to around 1.64 million EVs.
A day prior, BYD reported that it sold 2.26 million EVs last year.