Tesla Overtakes Audi in Global Car Sales for the First Time.

In 2024, Tesla Inc. surpassed Audi in global car sales, delivering 1.79 million vehicles compared to Audi's 1.67 million. Audi faced challenges with competition in Europe and China, as well as weak demand for its electric models. Despite a decline in annual deliveries, Tesla's rapid expansion and popular Model Y SUV helped maintain its lead in the electric vehicle market. German automakers, including Audi, are struggling with tepid demand for luxury cars in China and Europe, leading to production cuts and profit warnings. Audi plans to update models and introduce new plug-in hybrids to boost sales. [Extracted from the article]