Tesla reported delivering 1.636 million vehicles worldwide in 2025, marking an 8.6% decline compared to the previous year. This represents a significant milestone—the first time the EV manufacturer has experienced year-over-year delivery decreases of this magnitude. The slowdown reflects intensifying competition in the global electric vehicle market, where Chinese manufacturers have begun capturing increasing market share. The shift signals broader industry dynamics, with emerging competitors leveraging cost advantages and rapidly improving technology to challenge established players. For investors tracking the EV sector, these figures underscore the rising competitive pressure facing legacy automakers as the market matures and regional players strengthen their positions.