Tesla delivered 1.64 million vehicles in 2025, down 9%, as BYD becomes the top EV maker.
Tesla has lost its position as the world’s bestselling electric vehicle maker after delivering 1.64 million cars in 2025, a 9% decline from the previous year. Chinese rival BYD sold 2.26 million vehicles last year, taking the top spot.
The drop comes amid stiff overseas competition, a phase-out of the $7,500 U.S. tax credit for EV buyers, and controversy surrounding CEO Elon Musk’s political activities. Fourth-quarter sales totaled 418,227, below analysts’ expectations of 440,000, despite the introduction of cheaper Model Y and Model 3 versions in October.
The new Model Y starts under $40,000, and the Model 3 under $37,000, aiming to boost Tesla’s competitiveness in Europe and Asia. Tesla stock finished 2025 with an 11% gain, reflecting investor confidence in Musk’s ambitions for robotaxi services and humanoid robots for home and office tasks.
Analysts forecast a 3% drop in sales and a nearly 40% fall in earnings per share for the fourth-quarter results due in late January, though they expect a rebound later in 2026.
Musk also secured a $1 trillion pay package contingent on Tesla hitting ambitious targets over the next decade, following a favorable Delaware Supreme Court ruling on a prior $550 billion package.
President of Azerbaijan Ilham Aliyev received a delegation led by Mazen Torki Saud Al-Qadi, Speaker of the House of Representatives of Jordan, on 21 J...
Fuel stations in Russian-controlled Crimea stopped selling fuel to individuals and businesses from 9:00 a.m. local time on Sunday, the Russian-install...
British Prime Minister Keir Starmer has said the violent attacks in Edinburgh, Scotland, on Friday, which left five men injured, were motivated by "an...
Britain's Observer newspaper reported that Prime Minister Keir Starmer is expected to resign on Monday and outline a timetable for his departure. ...
The United States has launched an investigation into Germany's pharmaceutical pricing policies to determine whether they unfairly disadvantage America...
Thousands of people took to the streets of Geneva on Sunday, 14 June ahead of this week's G7 summit in neighbouring France, but a largely peaceful demonstration later descended into clashes with police.
After many years, reams of regulatory paperwork and a well-timed presidential visit, Tesla has finally launched its Full Self-Driving (FSD) system in China, the world’s largest electric vehicle market and one in which competitors have been rapidly advancing their autonomous driving capabilities.
Elon Musk took the stand on Tuesday (28 April) at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
A train driver has been killed and nine people remain in a critical condition in hospital, after two trains collided near Beford in the east of England on Friday. The passenger trains heading to London collided at around 17:15 local time (1615 GMT).
Morocco captain and PSG defender Achraf Hakimi will face trial in France after an appeals court ruled there was enough evidence for the case to proceed.
A magnitude 5.8 earthquake struck southwest of Greece’s island of Crete on Saturday, with no immediate reports of damage.
Paraguay kept their World Cup hopes alive with a hard-fought 1-0 victory over Türkiye, but the celebrations were tempered by a costly red card for veteran forward Miguel Almirón.
Israel and Hezbollah have agreed to a ceasefire, a senior U.S. official has said. Hezbollah has released a statement saying Israel must leave southern Lebanon. Israel has said it agrees to the ceasefire, but has said its armed forces won't leave Lebanon and will resume hostilities if attacked.
American technology company Snap has launched its first augmented-reality (AR) glasses for consumers, marking a major push into wearable computing as tech firms race to redefine personal devices in the AI era.
The Canadian government has introduced a digital safety bill that would ban children under the age of 16 from using social media, unless platforms meet specific safety standards.
NASA has named three American astronauts and one Italian astronaut to fly on its Artemis III mission, a major orbital test planned for late next year that will evaluate lunar landing vehicles developed by SpaceX and Blue Origin.
China will send an astronaut to its space station on Sunday for a one-year mission, the longest duration for the country so far. The mission will help study long-duration human physiology in space as China works toward a crewed Moon landing by 2030.
Anxiety over artificial intelligence is hardening among young workers as executives promote faster adoption and companies point to automation in fresh job cuts.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment