Chinese shoppers are quickly buying Xiaomi’s SUV, signaling trouble for Elon Musk.
Xiaomi’s Yu7 Electric Sport Utility Vehicle had a remarkable initial order launch, boosting the company’s stock to new heights on Friday. This success has led some to speculate that Tesla may need to lower its prices to maintain competitiveness. In just the first 18 hours after the Yu7 was made available, Xiaomi reported approximately 240,000 […]