- Tesla's Q1 EV deliveries fell 13% to 336,700 vehicles over the same period last year, deepening the brand's crisis and putting at risk its full-year forecast for a return to volume growth. Meanwhile, BYD sold 416,400 cars—and is now the industry leader. "Musk needs to get his act together or else unfortunately darker times are ahead for Tesla,” warned an analyst at Wedbush.
Tesla lost its crown as the world’s largest EV maker after quarterly vehicle sales slumped to a low not seen since the spring of 2022.
