2026-01-03
12 分钟China's BYD becomes the world's biggest EV maker after Tesla sales drop for the second straight year.
Plus, as protests in Iran turn violent,
President Trump threatens to intervene and promises of change meet reality as New York City Mayor Zoran Mamdani takes office.
A big challenge is finding out where to get the money.
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It's Friday, January 2nd, 2026.
I'm Luke Vargas for The Wall Street Journal,
and this is What's News in your feed once a day over the holidays with the top headlines and business stories moving the world today.
There is a new holder of the title of world's biggest EV maker, and it's not Tesla.
China's BYD says it sold over two and a quarter million battery electric vehicles last year,
a 28% annual jump, while Tesla sales dropped 9%.
Its second consecutive annual slide to 1.64 million cars.
Tesla, which saw its sales dented by the end of U.S.
federal subsidies and flagging European demand,
is now pivoting its business toward robotics and autonomous vehicles like the Cybercab Robotaxi,
which doesn't have a steering wheel.
Other major American automakers are rethinking their EV plans,
and BYD itself faces big competition from Chinese rivals like Geely and Leap Motor.