Tesla Deliveries Plunge 16% in Q4 as BYD Overtakes Electric Vehicle Giant for Global Sales Crown
Summary
Tesla deliveries crash 16% in Q4 2025 to 418,227 vehicles, missing Wall Street targets as Chinese rival BYD seizes the global electric vehicle crown with 2.26 million units sold, sending Tesla stock tumbling 2.59% amid mounting competition and policy headwinds.
Key Points
- Tesla reports 418,227 vehicle deliveries for Q4 2025, down 16% from the previous year and missing Wall Street expectations of 426,000 deliveries
- Full-year 2025 deliveries fall 8.6% to 1.64 million vehicles as Tesla faces intensifying competition from BYD, which overtakes Tesla as the world's top EV seller with 2.26 million units
- Tesla stock closes 2.59% lower following the disappointing delivery numbers, with the company struggling against consumer backlash and the end of federal EV incentives