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Tesla Loses EV Crown to BYD as Deliveries Decline for Second Straight Year

Tesla Loses EV Crown to BYD as Deliveries Decline for Second Straight Year

Author:

Global Cryptocurrency

Published:

2026-01-05 12:02:02

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BTCCSquare news:

Tesla's 2025 delivery figures reveal a troubling trend, with 1.64 million EVs shipped—an 8.6% drop from 2024. This marks the company's second consecutive annual decline, as Q4 deliveries fell 16% year-over-year to 418,227 units. HSBC maintains its Sell rating with a $131 price target, citing regional pressures and intensifying competition.

China's BYD has decisively overtaken Tesla, delivering over 2.2 million EVs in 2025 to claim global market leadership. The 16,000-unit production surplus in Q4 suggests Tesla anticipates demand recovery in early 2026, though inventory buildup risks remain.

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