Tesla Snatches Back World's Top EV Spot After BYD Sales Plummet 25% [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
Tesla is back on top as the world's biggest electric car maker. The American company's global deliveries went up 6.5% in the first quarter. China's BYD, which was the world's top EV maker last year, slips to second place after its EV sales dropped 25.5% in Q1. Tesla is the world's biggest electric car manufacturer once again, after its delivery numbers went up in the first quarter and its main competitor, China's BYD , recorded a double-digit dip. The American company led by Elon Musk delivered 358,023 EVs in the first three months of 2026, a 6.5% increase over the same period last year. Meanwhile, BYD, which last year took home the crown and made headlines the world over, had a rough first quarter, with 310,389 pure EVs reaching new customers, a 25% decrease year over year. The Model Y is Tesla's best-selling model. That said, BYD makes plug-in hybrids (PHEVs) too, not just all-electric cars. Overall, the Chinese company sold nearly double the number of cars compared to
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