On Tuesday, Tesla (TSLA.US) experienced a rapid decline in its stock price following the market open. As of the time of writing, the stock was down more than 2.8%, trading at $439. The news driving this movement is that BYD's sales last year surpassed Tesla's in two major European electric vehicle markets, highlighting its strong global expansion momentum. In the German market, BYD's sales surged eightfold in 2025, reaching 23,306 vehicles; in stark contrast, Tesla's sales were nearly halved, amounting to only 19,390 vehicles. Particularly in the single month of December, BYD's vehicle registrations were more than double those of Tesla. In the UK market, BYD has been leading consistently since overtaking Tesla in sales back in September 2025, with cumulative annual registrations reaching 51,422 vehicles, exceeding Tesla's total of 45,513.
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