BYD Company Limited surpassed Tesla, Inc. as top EV maker with vertical integration strategy through Mexico production facilities. Click for more on TSLA and BYDDF.

Tesla Inc (NASDAQ: TSLA) is keeping in the green this morning even though it reported a 71% decline in net income for its fourth financial quarter. But not everyone is as optimistic about the EV stock.

China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.

Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,

Tesla plans to roll out affordable EVs in 2025 and launch a robotaxi service, despite a dip in fourth-quarter earnings.

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.

Tesla just posted its first-ever year-over-year decline in deliveries, a milestone that no CEO ever wants to hit. In any other universe, investors would sound the alarm, demanding answers about why Tesla's deliveries shrunk in a growing market and what Tesla is planning to do to remain competitive in today's changing EV landscape.

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.

Across Europe, Chinese carmakers held onto 8.2% of the EV market in December — a slight bump up from November but still below the average.

European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.