Brian C. Black
BYD’s rise reflects China’s scale, pricing power, and policy coherence, while Tesla’s slowdown exposes how US political backlash is reshaping the global EV race.
China’s BYD has overtaken Elon Musk’s Tesla as the world’s biggest seller of electric vehicles (EVs), marking the first time it has outpaced its American rival in annual sales.
This startling shift reflects growth and development at BYD; however, it also grows from changes for Tesla, the previous leader. Tesla car sales dropped by nearly nine percent in 2025, to 1.64 million vehicles worldwide. It marks the second consecutive year of falling car deliveries for the company. Those figures placed Tesla behind BYD, which said recently that sales of its battery-powered cars rose last year by almost 28 percent to more than 2.25 million.
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