A fter years on top of the global electric vehicle market, Tesla lost the title of world’s largest EV producer to Chinese powerhouse BYD. In 2024, Tesla made 1,774,442 electric

Leading Chinese electric car maker BYD’s vehicle sales surged in 2024, the company said as the firm grows its overseas presence. The EV and battery giant is the most prominent of Chinese automotive firms expanding abroad — plans that are increasingly threatened by thorny trade disputes between Beijing and the West.

Thus, to keep its crown as the world's top seller of electric cars, Tesla needs to deliver over 400,000 cars in the final quarter to keep ahead of BYD. The U.S. carmaker sold a record 1.81 million vehicles in 2023, and it is expected to reveal its fourth-quarter deliveries for 2024 later this week.