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The Chinese EV maker saw record sales in December
Tesla sales fell last year for the first time in more than a decade, as demand faltered and rivals gained pace.
The company, led by billionaire Elon Musk, delivered almost 1.79 million cars last year, down about 1% from 1.8 million in 2023.
This comes despite the company lowering prices repeatedly last year in a bid to woo buyers and hold on to its rank as the world’s top-selling maker of electric vehicles (EVs).
China’s BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024.
The Shenzhen-based
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