Have you seen their car?: Elon Musk laughed at BYD a decade ago; now it has toppled Tesla as world’s largest EV maker
Once dismissed by Elon Musk, China's BYD has dramatically overtaken Tesla to become the world's largest electric carmaker in 2025. Tesla's sales declined for the second consecutive year due to factors including a customer revolt over Musk's politics and expiring US tax breaks, while BYD's sales surged.