Tesla stock slides after Q4 deliveries report as BYD overtakes — what’s next for TSLA
NEW YORK, Jan 3, 2026, 09:40 ET — Market closed Tesla shares ended Friday, Jan. 2, down 2.6% at $438.07, after trading between $435.33 and $462.42 on heavy volume. The move matters because Tesla’s delivery tally is a fast, high-frequency read on demand and pricing power in the electric-vehicle market. Deliveries are the number of vehicles handed over to customers, often used as a proxy for sales. The backdrop is getting tougher as incentives roll off and rivals push more models into key markets. China’s BYD said it sold 2.26 million battery-electric vehicles in 2025, overtaking Tesla for the year,