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BYD posts first profit drop since 2021 despite record sales and surpassing Tesla.
Chinese electric vehicle maker BYD reported its first profit decline since 2021, with net profit dropping 19% in 2025 despite record revenue of $116 billion and surpassing Tesla in sales.
The company delivered 2.26 million vehicles globally, but weak domestic sales and a price war in China pressured margins.
BYD is betting on international expansion and new technologies like fast-charging batteries to recover.
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BYD registra la primera caída de ganancias desde 2021, a pesar de las ventas récord y superando a Tesla.