Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Israeli occupation is besieging many areas in northern Gaza, especially the areas surrounding the Indonesian and Al-Awda hospitals
Al Mayadeen correspondent: The fifth round of Iran-US talks ended after three and a half hours.
Al Mayadeen's correspondent: The fifth round of indirect talks between Iran and the United States has begun at the headquarters of the Sultanate of Oman's mission in Rome.
Turkish public prosecutor has issued arrest warrants for 63 active-duty military personnel over alleged links to a group accused of orchestrating the 2016 coup attempt
Kremlin says no agreements yet on next platform for Russia-Ukraine negotiations
YAF spokesperson: We targeted Lydd Airport, known as Ben-Gurion Airport, with a hypersonic missile
Al Mayadeen's correspondent in Lebanon: Two Israeli airstrikes targeted Wadi al-Aziziya in the Tyre district.
CIA spokesperson says law enforcement responded to a security incident outside CIA headquarters.
Brigadier General Saree: Operation achieved its targeted successfully, forcing millions of Zionists to flee to shelters, and halted air traffic at the airport.
YAF spokesperson: We've executed a military operation targeting Ben Gurion Airport in occupied Yafa with ballistic hypersonic missile.

Tesla, Musk in crisis as Chinese rivals surge ahead

  • By Al Mayadeen English
  • Source: News Websites
  • 19 Mar 2025 17:26
3 Min Read

Tesla faces a sharp decline in sales and stock value as Chinese EV manufacturers, led by BYD, gain a technological edge with faster-charging innovations, threatening the company's market dominance.

Listen
  • x
  • Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio, March 14, 2019, in Hawthorne, Calif. (AP)
    Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio, March 14, 2019, in Hawthorne, Calif. (AP)

Tesla and its CEO, Elon Musk, are facing mounting challenges as the company grapples with a sharp decline in sales and a tumbling stock price, The Spectator reported. 

Across both sides of the Atlantic, protests have erupted against what demonstrators have labeled the "Nazi car" and the "Crusader car," further intensifying Tesla's woes.

In Europe, the electric vehicle (EV) giant is witnessing a significant drop in sales, while its stock has plummeted by 53% from its peak following the US presidential election in November.

In January, the EV maker sold only 9,900 units in Europe, a more than 45% drop compared to the same period in 2024, according to the European Automobile Manufacturers’ Association. As a result, its market share of new car registrations fell to 1% from 1.8%.

Over the past five days alone, Tesla’s shares have fallen by an additional 8%, underscoring investor concerns about the company's future.

Even US President Donald Trump’s recent publicized purchase of a Tesla—intended as a show of support—failed to boost investor confidence and may have even backfired, given that many of Tesla’s environmentally conscious customers strongly oppose him.

BYD's Game-Changing Breakthrough

Related News

Trump launches sweeping overhaul of National Security Council

Six killed in San Diego plane crash; cause under investigation

While Tesla struggles, its primary Chinese rival, BYD, is making headlines with a technological breakthrough that could reshape the EV industry.

The company recently unveiled a revolutionary super-fast charging system that can fully charge an electric car in just five minutes, providing a range of 260 miles. This technology, set to be rolled out across China later this year, is twice as fast as Tesla's most advanced charging stations currently available.

The ability to charge an EV as quickly as refueling a gasoline-powered car is expected to be a game-changer in the industry, addressing one of the key concerns holding back mass EV adoption—charging time.

As the market shifts, Tesla risks losing its technological edge to its Chinese competitors.

China's EV Industry Gains Momentum

Beyond BYD, other Chinese automakers are accelerating their push into the EV market. Xiaomi, the smartphone giant, has announced an expansion of its electric sports car production, integrating smart technology to enhance the driving and entertainment experience.

Meanwhile, emerging EV manufacturer XPeng revealed plans to boost production by 300% this year.

This rapid expansion of China’s EV sector poses a serious threat to Tesla’s market dominance. The company, once the undisputed leader in battery technology and vehicle performance, is now facing fierce competition from more affordable and increasingly superior Chinese alternatives.

Tesla’s decline is not merely a result of political controversy surrounding Musk or shifting consumer sentiment—it is a reflection of a deeper problem.

The company is losing its technological supremacy at a critical moment when competitors are making rapid advancements. If the trend continues, Tesla’s reign as the leader of the electric vehicle revolution may soon come to an end, according to The Spectator. 

Read more: EV sales in China to overtake traditional cars ahead of the West: FT

  • United States
  • Tesla
  • electric vehicles
  • China
  • Elon Musk

Most Read

YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025
Rachel Accurso criticized for speaking out on Gaza children crisis

Ms. Rachel accused of antisemitism for speaking out for Gaza children

  • Politics
  • 20 May 2025
Martyrs, injuries in violent Israeli bombardment of southern Gaza

Israeli operation fails; IOF launch violent strikes on Gaza

  • Politics
  • 19 May 2025
The spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, giving a statement on Friday, April 11, 2025 (Yemeni Military Media)

Yemeni Armed Forces declare Haifa Port under naval siege

  • Politics
  • 20 May 2025

Coverage

All
War on Gaza

Read Next

All
Eric Coquerel, a parliament member of the far-left La France Insoumise (The Unbowed) party attends a demonstration outside Sciences-Po university in Paris, Friday, April 26, 2024 (AP)
Politics

French teacher suspended for minute of silence in solidarity with Gaza

Palestinian landlord Akram Sabra, 60, stands next to a vehicle burnt under attack by Israeli settlers overnight, in the West Bank village of Bruqin, near Salfit Friday, May 23, 2025. (AP Photo/Nasser Nasser)
Politics

Israeli settlers torch homes, vehicles in West Bank village

Iranian Foreign Minister Abbas Araghchi, left, reads a paper in a meeting with his Omani counterpart Sayyid Badr Albusaidi at the Omani Embassy in Rome during the fifth round of Iran-US negotiations, Friday, May 23, 2025 (Iran Foreign Ministry)
Politics

Iran-US talks in Rome yield limited progress, Omani FM says

AP
Politics

EU sought ship, port, energy ties in nixed proposal to Trump: Report

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS