Bumper orders for Xiaomi's new SUV heighten threat to Tesla

Azernews.Az

27 June 2025 18:35 (UTC+04:00)

Exceptionally strong initial orders for Xiaomi's new YU7 electric SUV sent the company’s shares to a record high on Friday, fueling speculation that Tesla may be forced to cut prices to remain competitive, Azernews reports, citing Korean media.

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