BYD's Profitability Plummets Despite Surpassing Tesla
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BYD has surpassed Tesla as the world's top electric vehicle seller, despite experiencing a significant decline in profitability. The company's sales growth slowed in 2025, but was still enough to overtake Tesla, which saw its sales fall for the second year in a row. The shift in sales leadership comes as both companies face challenges, with BYD's net profit dropping and Tesla's vehicle sales weakening.
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