Tesla cedes EV crown, pivots to autonomy race with FSD subscriptions

Tesla has ceded the world's largest electric vehicle manufacturer title to BYD and is shifting focus to autonomous driving. Elon Musk revealed the company is exploring a potential merger to accelerate autonomous technology, aiming to transition from a vehicle-sales model to one generating recurring software revenue. Despite ceding the EV crown, Tesla claims leadership in autonomous tech, reporting 1.7 million active FSD subscriptions and over 75% of new North American sales featuring supervised FSD.