Who outsold Tesla?
After almost a decade on top of the EV market, Tesla lost the global sales crown to Chinese automaker BYD at the end of 2025. Tesla, meanwhile, has made headlines in 2025 for a range of developments, including price cuts, Chinese competition and questions about its long-term direction. Buffett’s approach to value investing and Tesla’s unique risks might help explain why Berkshire does not have a stake in the automaker.
Why are people getting rid of Tesla’s?
Rising Tesla insurance rates have pushed drivers toward other EVs, and a survey found that Elon Musk became a top reason drivers were getting rid of their Teslas in 2023 — yet most of those drivers still chose to stay electric. Elon Musk had a clear goal: to accelerate the transition to a more sustainable future and reduce dependence on fossil fuels. With the launch of the Roadster in 2008, Tesla proved that electric cars could be fast, good-looking and high-performing, challenging the notion that EVs were slow and boring.