Who is Tesla’s biggest competitor?
Ford, GM, and BYD Company Ltd. Tesla’s main competitors. Tesla faces many challenges to keep its spot as the number one EV manufacturer in the U. S. Tesla manufactures only fully electric vehicles.
Is BYD bigger than Tesla?
BYD surpasses Tesla in global pure-electric vehicle sales with nearly 400,000 unit lead in 2025. Yet most Americans have never even seen a BYD and probably won’t anytime soon. BYD, which stands for “Build Your Dreams,” is essentially banned from American roads by tariffs, imposed to protect U. S. Chinese plug-ins.Yes, BYD (Build Your Dreams) is a Chinese multinational company primarily operating in the automotive and renewable energy industries. It was founded in Shenzhen, China, in 1995 and has since become one of the world’s largest manufacturers of electric vehicles (EVs) and batteries.