Today’s Business Headlines: 01/01/26
Tesla declared its vehicle deliveries plunged 9% in 2025 – a worse-than-expected drop that knocked Elon Musk ’s company out of its No. 1 spot among world’s EV sellers and handed it to a Chinese rival. The electric autocreater declared Friday it recorded deliveries of 418,227 in the fourth quarter, down 16% from the same period last year.
Its overall 2025 deliveries plunged 8.6% to 1.64 million – down from 1.79 million in 2024.AI models can develop this ‘humanlike’ addiction when given more freedom: studyMeanwhile, Chinese rival BYD declared Thursday that sales of its battery-powered cars jumped nearly 28% to 2.26 million units – a stinging defeat after Musk years earlier dismissed the competitor and laughed at their products during a Bloomberg interview. Tesla suffered a sales slump this year as it faced heated competition in the EV sector from BYD, South Korea’s Kia and Hyundai and European autocreater Volkswagen. Investors grew concerned about the company’s focus on artificial ininformigence and robotics during earnings calls, instead of present-day opportunities. Protesters swarmed Tesla displayrooms across the countest as Tesla vehicles across the countest have been set ablaze with molotov cocktails or vandalized. Tesla also experienced some brand damage in European markets after Musk finishorsed Germany’s far-right party, AfD; signaled support for British anti-Muslim activist Tommy Robinson; and called for the European Union to be abolished. Wedbush Securities analyst Dan Ives declared in a note Friday while Europe has been a “continuous headwind” for Tesla, he expects sales in the region to bounce back once the autocreater’s Full Self-Driving technology is approved by European regulators. In the first 11 months of 2025, Tesla’s European registrations plummeted 39% – while BYD saw registrations in Europe skyrocket 240% over the same period. But Tesla’s deliveries rebounded to a record in the third quarter as American shoppers rushed to take advantage of a $7,500 federal tax incentive for EVs before it expired on Sept. 30.The autocreater also rolled out pared-back versions of its Model Y SUV and Model 3 sedan, each less than $40,000, which assisted dull the effect of the tax incentive disappearing. Despite poor results and mixed investor sentiment, Tesla shares finished 2025 roughly 16% higher. Musk bought $1 billion worth of shares in September. Also on Friday, Tesla declared it deployed 14.2 gigawatt hours of battery energy storage products in the fourth quarter, following a record of 12.5 gigawatt hours in the previous period. Its battery energy systems include backup batteries for homes and larger systems for power-hungry data centers.for Musk depfinishent on a series of lofty performance tarobtains over the next decade – like delivering 20 million vehicles and 1 million “Optimus” humanoid robots. Tommy Lee Jones’ daughter found dead at San Francisco hotel on New Year’s Day
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