Business Insider·2025-05-22 10:11Core Insights - BYD outsold Tesla in Europe for the first time, selling 7,230 battery-electric vehicles compared to Tesla's 7,165 in April [1] - Tesla's new registrations dropped nearly 50% year-over-year in April, while BYD's sales surged by 169% during the same period [2] - Tesla's European sales were down 30% in the first quarter of 2025, despite overall EV sales rising [3] Company Performance - BYD is experiencing explosive growth in Europe, launching new models to capitalize on this momentum, including the Dolphin Surf, priced at €23,000 ($26,000) [5] - BYD sold 79,000 vehicles outside China in April, nearly double the total from April 2024 [6] - Tesla reported its weakest quarter for deliveries since 2022, with Musk acknowledging Europe as the company's weakest market [4]