According to information provided by Tesla, the company has sold by 9 percent fewer cars in 2025, and in the last quarter of the year it sold them by 16%. less – 418 thousand — than in the same period of the previous year. This is the second straight year of declining Tesla sales.
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These numbers mean that Elon Musk's company is no longer the global leader in the electric car market. He won this position Chinese BYD, whose sales results increased by 28%. Tesla delivered 1.64 million cars, while BYD delivered 2.26 million.
Donald Trump withdrew subsidies
As commentators note, Tesla's results include: result withdrawal by the Donald Trump administration of reliefs for the purchase of electric cars, introduced during Joe Biden's administration, amounting to PLN 7,500. hole. The subsidies were phased out as part of the major One Big Beautiful Bill budget bill that was the cause public quarrel between Trump and Musk.
Read also: Tesla is losing on the European market. Chinese producers are growing in strength
According to the New York Times, Tesla's declining sales show how the company has drifted away from its previous ambitions to become the world's largest automaker and its goal of selling 20 million cars every year by 2030. Musk recently announced reorienting the company's priorities towards the production of autonomous cars and humanoid robots.
Tesla still accounts for 45%. electric car market in the USAand as a result of the withdrawal of tax breaks, other manufacturers, including Ford, also abandoned their policy of focusing on the production of these vehicles. Next to the results in the USA Tesla's sales also dropped dramatically in Europe except Norway.
Despite Tesla's weakening results, shareholders approved a remuneration package for its director Elon Musk in November. The approved remuneration plan provides for the payment of shares in a number depending on the company's results. If Tesla achieves all its goals and reaches a market value of $8.5 trillion. (currently 1.38 trillion), Musk will receive shares worth $1 trillion.
USA blocked for BYD
BYD, which does not sell cars in the USA – during the Biden administration, the USA introduced a 100% tariffs on Chinese electric cars – meanwhile recorded large increases in foreign markets, in Europe, Asia and Latin America.
Although BYD is conquering foreign markets, sales on the domestic market are falling. According to data published on January 1, 2026, the Chinese car manufacturer sold 420,000 cars in December. 398 new electric vehicles, i.e by 18.34 percent less than a year earlier. Sales of NEV vehicles abroad increased to 133,000 in December. 172 pieces, exceeding the November result of 131,000. 935 pieces and setting a new record. Deliveries abroad increased by 133.01%. year to year and by 0.94 percent month to month.
