Sales at Elon Musk’s company slump after Donald Trump’s withdrawal of EV subsidies
China’s BYD overtook Tesla as the world’s largest electric carmaker in 2025, after the US company run by Elon Musk reported a slump in deliveries at the end of the year.
BYD sold 2.26m battery electric cars during the year, easily outstripping the 1.63m deliveries reported on Friday by Tesla for the same period.
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