Tesla Stock (TSLA) Slides as China's BYD Extends EU Lead after 2025 EV Shake-Up

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2026.02.24 10:13
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Tesla's stock (TSLA) dropped in pre-market trading as new data revealed a 17% decline in its EU vehicle registrations year-over-year, while Chinese competitor BYD's registrations surged by 165%. This decline adds pressure on Tesla, which lost its title as the world's top all-electric car seller to BYD in 2025, with its market share in Europe falling to a multi-year low of 1.4%.