Tesla China Sales Drop in 2025
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Tesla is no longer the largest electric vehicle manufacturer. Chinese EV maker BYD outperformed Tesla by more than half a million sales in 2025, as Tesla's annual sales dropped 9% as compared to 2024.
Tesla reported a second consecutive annual decline in vehicle sales, and while the market initially appeared unfazed, selling pressure mounted as investors digested the weaker delivery numbers amid a shifting narrative around the company’s future.
Tesla has fallen behind China's BYD as the leading electric vehicle manufacturer due to rising competition, the end of U.S. tax credits, and a brand perception change. Deliveries dropped for a second year,
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Why Tesla (TSLA) Shares Are Trading Lower Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 2.6% in the afternoon session after major indices pulled back from record highs reached the previous week.
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