【#比亚迪年度销量首超特斯拉##特斯拉2025年交付量下滑近9%#】当地时间1月2日，特斯拉公布其 2025年第四季度及全年汽车交付数据。数据显示，特斯拉2025年交付量为163.6万辆。同期，比亚迪的 纯电动汽车销量已达到225.67万辆。比亚迪在年度销量上首次超越特斯拉，意味着特斯拉失去长期占据 的"全球纯电动车销量冠军"宝座。 据《每日经济新闻》记者观察，特斯拉2025年四季度和全年的销量均出现大幅下滑。2025年第四季度， 特斯拉交付量较2024年同期减少约16%，产量较2024年同期下降5.5%。就2025年全年来看，特斯拉的交 付量由2024年的178.9万辆下降8.6%至163.6万辆。 虽然特斯拉此次没有发布区域销量，但数据显示，除了美国，特斯拉在欧洲的销量同样有所放缓。据欧 洲汽车制造商协会（ACEA）发布的数据，2025年前11个月，特斯拉在欧洲的注册量下降了39%，而其 竞争对手比亚迪在欧洲的注册量则增长了240%。 自2014年进入中国市场以来，特斯拉经历了从快速崛起到面临激烈竞争的完整周期。数据显示，最初三 年，特斯拉累计交付2.12万辆汽车；2017年，其单年销量即达到此前总和，此 ...

Core Insights - Tesla reported Q3 2025 revenue of $28.1 billion, a 12% year-over-year increase, but net profit fell 29% to $1.77 billion (non-GAAP) [1][4] - Following the earnings release, Tesla's stock price dropped nearly 5%, closing at $438.97 per share, down 0.82% [1] Financial Performance - Q3 2025 revenue breakdown: - Automotive revenue increased 6% to $21.2 billion - Energy generation and storage revenue surged 44% to $3.42 billion - Services and other revenue rose 25% to $3.475 billion [4][5] - Despite revenue growth, net income attributable to common stockholders (non-GAAP) was $1.77 billion, reflecting a significant decline [5] Production and Delivery Metrics - In Q3 2025, Tesla produced 447,400 vehicles, a 4.8% year-over-year decrease, while global deliveries reached 497,000, a 7.4% increase [6][7] - Model 3 and Model Y deliveries totaled 481,100, up 9% year-over-year, while other models saw a 30% decline in deliveries [6] Market Developments - In China, Tesla's sales in Q3 2025 reached 169,200 units, a 31% quarter-over-quarter increase, despite a 5.4% decline in the first half of the year [8] - Tesla has accelerated product launches in various markets, including new versions of Model Y and Model 3, to enhance competitiveness [8][9] Strategic Focus - CEO Elon Musk announced plans to launch the Optimus V3 humanoid robot in Q1 2026 and expand Robotaxi services to 8-10 regions by year-end [3][10] - The company is shifting its focus from automotive to AI and robotics, with Musk indicating that 80% of Tesla's future value may come from robotics [10][14] Regulatory and Technological Advancements - Tesla is working with regulatory bodies in China and Europe to gain approval for its Full-Self Driving (FSD) technology, which is currently operational in several countries [15]