Chinese owned MG has given Tesla more than a run for its money in H1 of 2025. In fact, it has outsold Tesla for the first time.
- Tesla experienced the second steepest decrease in market share in H1 2025, down from 2.4% in H1 2024 to 1.6%.
- MG increased its volumes by 22% to 162,153 units, compared to a decline of 33% at Tesla to 109,264 units.
“The updated Tesla Model Y has so far failed to provide the expected sales boost for the brand,” Munoz noted. “At the same time, competition from BYD and Volkswagen Group is making it harder for Tesla to maintain its leadership position.”
Curious about why Tesla sales have nose dived? Read the full press release: https://www.jato.com/resources/media-and-press-releases/chinese-car-brands-continue-their-ascent-outselling-mercedes-in-june-and-ford-in-h1