Xiaomi Launches 'Budget' SU7 Outperforming Tesla and Porsche
Smartphone maker admits transition to car manufacturing was "extremely difficult."
Source: wardsauto.com
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Top News In Lei Jun Today - Breaking & Trending Today
Tesla's stock wraps up one of its worst quarters on record as global dominance wanes
Tesla shares plunged 29% in the first quarter, the worst period for the stock since the end of 2022 and the third-steepest quarterly drop on record.
Source: nbcdfw.com
Tesla stock drops 29% in first quarter as global dominance wanes
Tesla shares plunged 29% in the first quarter, the worst period for the stock since the end of 2022 and the third-steepest quarterly drop on record.
Source: cnbc.com
Tesla has new competition with a Chinese EV priced lower than Model 3
Tesla is getting some more electric vehicle competition in China with Xiaomi's release of the SU7 sedan this week, according to Barron's.
Source: foxbusiness.com
Chinese Tech Billionaire Lei Jun Launches Electric Vehicles At Cheaper Prices Amid Heavy Competition
Lei Jun said Xiaomi's first electric vehicle, the SU7, will be sold at a starting price of $30,000 during a launch ceremony on Thursday evening that marks the mogul’s official entry into China’s hotly contested market.
Source: forbes.com