China’s BYD dethrones Tesla as world’s top EV maker amid Musk’s politics, tax credit woes

Tesla lost its crown as the world’s bestselling electric vehicle maker (EV) on Friday to China’s BYD, as a customer revolt over Elon Musk’s right-wing politics and stiff overseas competition pushed sales down for a second year in a row. Tesla said that it delivered 1.64 million vehicles in 2025, down 9 per cent from a year earlier. By contrast, BYD is now the world’s largest EV maker, having sold 2.26 million vehicles last year – a 27.9 per cent increase. For the fourth quarter, Tesla sales...