Tesla has lost its position as the world’s bestselling electric vehicle maker after another challenging year.

Tesla has lost its position as the world’s bestselling electric vehicle maker after another challenging year.

The US carmaker recorded a second consecutive annual decline in sales.

Concerns over chief executive Elon Musk’s political activities added to unease among investors and customers.

At the same time, intense competition from overseas rivals continued to grow.

Analysts say the combined pressure has weakened Tesla’s global dominance in the EV market.