BYD Surpasses Tesla In Fortune Global 500 List Amid Sales Slump For Elon Musk's EV Giant

Badar Shaikh

July 29, 2025

BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has surpassed Tesla Inc. (NASDAQ:TSLA) on the Fortune Global 500 list.

What Happened: BYD jumped 52 spots in the list and currently stands at #92 in the list, Fortune said in a report published on Tuesday. In contrast, Tesla currently holds the #102 spot.

The Global 500 list, published two months after the Fortune 500 list, includes companies that generated "$41.7 trillion in revenue last year, with $2.98 trillion in profit," the report said.

Elsewhere, the artificial intelligence component giant Nvidia Corp (NASDAQ:NVDA) jumped 106 spots in the list and currently holds the #66 spot.

Why It Matters: The news comes as Tesla has been experiencing dwindling sales in multiple markets across the globe, with the company's European sales down by over 23%.

This decline also coincides with Tesla's poor performance in the U.S., as the company experienced a 12.6% decline in domestic sales and a sharp 21% drop in the state of California.

On the other hand, BYD has been experiencing growth in its global strategy, with the company announcing the arrival of its luxury-focused Yangwang brand into the European market next year.

However, BYD has also been accused of allegedly inflating sales figures in the Chinese domestic market by pre-insuring vehicles before they are sold to customers in a bid to meet sales targets. BYD's domestic sales are also down 8% amid the fiercely competitive EV price war.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next:

Self-Driving Cars Could Be $200 Billion Market By 2030, Says Morgan Stanley

Photo courtesy: Tada Images / Shutterstock

Recommended

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Major Investors Bet Big on This "Unlisted" Stock - Ad

The Tesla Shock Nobody Sees Coming - Ad

TORONTO (AP) — A complete shutdown of is looming if the union representing the fail to reach an agreement by early Saturday.

Paula Deen has abruptly closed the Savannah restaurant that launched her to Food Network fame

SAVANNAH, Ga. (AP) — Former Food Network star Paula Deen announced Friday the abrupt closure of the Savannah restaurant that launched her to fame with its menu of fried chicken, banana pudding and other indulgent Southern dishes.

A New Rule Goes Live in September - and the Banks Are Quietly Cashing In

A New Rule Goes Live in September - and the Banks Are Quietly Cashing In - Ad

This September, Big Banks will treat a new asset like cash-more trusted than stocks, bonds, or even the dollar. Economist Peter Schiff calls it "the only form of money trusted by the banking system." See how to move retirement savings into it tax-free with this free Wealth Protection Guide.

Jim Cramer Says Palantir's 'Next Stop Is $200' After Q2 Earnings Blowout: Dan Ives Calls It 'The Messi of AI'

AI giant, Palantir Technologies Inc. (NASDAQ: PLTR), is drawing loud praise from Wall Street analysts following the company's robust second-quarter performance, as it surged past consensus estimates.

Dan Bongino Stunned by FBI's Recent Corruption Findings: 'I'll Never Be the Same After Learning What I've Learned'

FBI Deputy Director Dan Bongino has expressed deep concern over the discoveries of government corruption and weaponization.

Will Your Savings Survive the August 31st Debt Ceiling Crisis?

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

On Aug 31, the U.S. runs out of "extraordinary measures" to avoid default. Insiders are moving into crisis-proof assets-while everyday Americans risk losing big. The FREE Mar-A-Lago Accord reveals where they're hiding wealth, how the Fed's response could crush the dollar, and 3 urgent moves to make now.

Trump's Disapproval Rating Soars Amid Economic Woes, Epstein Drama

President Trump's disapproval rating has hit a new high for the year, with the Jeffrey Epstein scandal and economic issues playing significant roles.

How India ended up facing steep US tariffs despite its strategic partnership

NEW DELHI (AP) — U.S. President Donald Trump has vowed for its purchases of , bringing the combined tariffs imposed by the United States on to 50%. India has called the additional tariffs “unfortunate.”

The Surprising New Date That Could Fuel the AI Boom

The Surprising New Date That Could Fuel the AI Boom - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

US Dollar Down 10% Since Trump Took Office — Paul Graham Warns 'You've Become Poorer' Without 11% Net Worth Gain

Y Combinator co-founder Paul Graham warned on Thursday that Americans need an 11% increase in net worth just to maintain purchasing power.

Jury orders Tesla to pay more than $200 million in Autopilot crash case

MIAMI (AP) — A Miami jury decided that Elon Musk’s car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $200 million in punitive damages.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

American Eagle's 'good jeans' ads with Sydney Sweeney spark a debate on race and beauty standards

NEW YORK (AP) — U.S. fashion retailer American Eagle Outfitters wanted to make a splash with its new advertising campaign starring 27-year-old actor . The ad blitz included “clever, even provocative language” and was “definitely going to push buttons,” the company’s chief marketing officer told trade media outlets.

Fired Labor Bureau Commissioner Speaks Out After Trump Firing Over Job Numbers

Erika McEntarfer, BLS Commissioner, expressed gratitude for her role and colleagues amid political turmoil. Importance of unbiased economic data.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Warren Buffett's Advice: 'If You Aren't Willing To Own A Stock For Ten Years, Don't Even Think About Owning It For Ten Minutes'

Warren Buffett is known for his emphasis on long-term investments. He focuses on businesses that he believes will maintain a competitive edge for decades to come.

Trump orders a 35% tariff for goods from Canada, citing a lack of cooperation on illicit drugs

WASHINGTON (AP) — U.S. President Donald Trump has raised the tariff rate on to 35% from 25%, effective Friday.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Meta Just Paid $250M To Lure This 24-year-old AI Whiz Kid: A Strategic Move Or A Power Play?

Meta Platforms has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI prodigy, Matt Deitke.

Vance, UK foreign secretary will meet before US vice president's vacation in the English countryside

LONDON (AP) — U.S. Vice President is expected to meet with U.K. Foreign Secretary on Friday at a stately home south of London before heading off on a family vacation in the the Cotswolds, a trendy retreat in the English countryside.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

Broadcom Supercharges AI Infrastructure With Next-Gen Chip

Broadcom ships Jericho4 router for distributed AI infrastructure, meeting demands of hyperscalers like Microsoft and Amazon. Stock up 29% YTD.

Why AGCO Stock Is Surging After Q2 Results

AGCO reports strong Q2 results, exceeding expectations in a challenging agricultural market. Shares rose as 2025 guidance was raised.

Better Than Bitcoin? (Top Crypto for Less Than $1)

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Mexican-American designer apologizes for Adidas sandal design accused of cultural appropriation

MEXICO CITY (AP) — Mexican-American clothing designer Willy Chavarria has apologized for an Adidas sandal he created after being of “cultural appropriation” for imitating an Indigenous shoe design.

China's Crackdown Forces Alibaba, JD, And Meituan To Call Truce On Price War

Alibaba, Meituan, and JD.com commit to end price-based competition in food delivery sector after regulatory scrutiny.

Major Investors Bet Big on This "Unlisted" Stock

Major Investors Bet Big on This "Unlisted" Stock - Ad

When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.

Disney's 3Q profit climbs as it sees strength at domestic parks, adds streaming subscribers

Disney's profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.

Nvidia Nears 52-Week High As AI Frenzy, China Chip Export Deal Drive Momentum

Nvidia (NASDAQ: NVDA) reaches 52-week high due to AI demand, agrees to pay US govt for export licenses, launches RTX PRO Servers for enterprise use.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

BlackRock's New ETF BILT Bets On $68 Trillion Boom, But Most Investors Are Missing It

BlackRock debuts first actively managed infrastructure ETF (BILT), highlighting growing interest in this sector. Offers diversity and growth potential.

Align Technology Stock Tumbles Wednesday: What's Going On?

Align Technology shares are tumbling in Wednesday's after-hours session after the company reported worse-than-expected results for the second quarter and issued soft guidance.

A New Rule Goes Live in September - and the Banks Are Quietly Cashing In

A New Rule Goes Live in September - and the Banks Are Quietly Cashing In - Ad

Lockheed Martin Scores $14 Billion Canada Win As Military Snubs EU Jets Despite 45% Cost Surge: Report

Canadian defense officials strongly recommend sticking with Lockheed Martin Corp. F-35 fighter jets over European alternatives.

Trump opens the door for private equity and crypto as 401(k) retirement plan options

NEW YORK (AP) — Millions of Americans saving for retirement through could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an signed Thursday by President Donald Trump that could give those financial players long-sought access to .

Will Your Savings Survive the August 31st Debt Ceiling Crisis?

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

$7K worth of Labubu dolls stolen from Los Angeles store, authorities say

LOS ANGELES (AP) — A group of masked thieves stole about $7,000 worth of Labubu dolls from a Los Angeles-area store earlier this week, authorities said.

BWX Technologies Rides US Push For Military And Space Nuclear Power To New Highs

BWX Technologies (BWXT) is experiencing a surge in demand for naval nuclear power and next-generation reactors, with a record backlog of $6 billion and growth potential in defense, energy, and space markets.

The Surprising New Date That Could Fuel the AI Boom

The Surprising New Date That Could Fuel the AI Boom - Ad

Asian shares mostly climb after a rally for Apple led Wall Street higher

MANILA, Philippines (AP) — Asian shares mostly advanced and financial markets appeared to show scant if any reaction to higher tariffs on exports to the United States that took effect early Thursday.

Trending Now