BYD officially passed Tesla in global EV sales. In 2025, BYD delivered 2.26 million units, up 28%, while Tesla dropped 8% to 1.64 million. BYD is expanding its lineup with 11 new models, a luxury sedan with 640 miles of range, and 5-minute fast charging tech. On the flip side, Tesla is ending Model S and X production to use the factory space for Optimus robots. They are clearly shifting focus toward AI and autonomous tech rather than their traditional car lineup. Models 3 and Y still make up 97% of Tesla's sales, but the lineup is aging. If you're holding TSLA strictly as a traditional car company, the investment thesis might need an update.