BEIJING, Feb 4 (Reuters) - Tesla sold 69,129 China-made electric vehicles in January, up 9.3% from a year-ago period, extending gains for a third consecutive month even as the electric vehicle maker battles shrinking market share in both China and Europe.

According to the latest industry data, BYD sold approximately 2.26 million battery-electric vehicles (BEVs) in 2025, surpassing Tesla’s deliveries of 1.63 million EVs over the same period. This marks the first time BYD has finished a full year ahead of Tesla in global BEV sales, beating its U.S. rival by more than 600,000 units.

For the first time since Tesla launched the Model 3 in China in 2019, another automaker has outsold it in the premium electric sedan segment.

Xiaomi and Nio had the strongest showings. The upcoming Lunar New Year holiday will hit February sales.

Tesla stock dropped in early trade on Monday on the potential of a new threat to its auto business. Over the weekend, the Financial Times reported Ford held talks with Chinese dev