Bumper orders for Xiaomi’s new SUV fuels pricing threat to Tesla

theglobeandmail.com/business/article-xiaomi-new-suv-yu7-tesla-prices

Exceptionally strong initial orders for Xiaomi’s XIACF YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla TSLA-T may have to cut prices to fight back.
In the first 18 hours after the YU7 went on sale,…

This story appeared on theglobeandmail.com, 2025-06-27 11:17:51.
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