Rodrigo Santos Andrade share

Tesla loses EV crown to BYD as demand dips, credits expire | REUTERS

visibility comment0 event January 2, 2026 timer 15:51

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Tesla ceded its crown as the world’s top electric vehicle maker to China’s BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker’s brand, hurting demand.

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