Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

Xiaomi has unveiled its YU7 sport-utility vehicle, a potential rival to Tesla’s bestselling Model Y, amidst an escalating price war among Chinese electric vehicle manufacturers.

Tesla stock edged up around 0.5% prior to the opening bell for Friday's stock market, after falling 0.5% to 325.78 on Thursday. TSLA has given back most of Monday's 8.2% jump, driven by bulls cheering ...

Investors are looking to the inflation print to test bets that a Federal Reserve rate cut could land sooner rather than later ...

People look at a YU7 electric sport utility vehicle inside a Xiaomi shop in Guangzhou, South China's Guangdong Province on June 27, 2025. Photo: VCG. Shares of Chinese tech firm X ...

The company said that it received 200,000 pre-orders for the YU7 in just three minutes after bookings opened at 10pm on ...

Best known for its smartphones, Xiaomi is quickly carving out space in the EV market. After making a strong debut with its ...

Xiaomi's new YU7 EV, priced just under Tesla's Model Y, garnered over 200,000 orders in minutes, hitting 289,000 in an hour.

Bets on a US interest-rate cut in September increased, with the odds rising to 93 per cent from 64 per cent a week ago.

Xiaomi has done it again. Just three months after its Porsche-esque SU7 sedan shocked China’s EV charts, the Beijing electronics ...

Xiaomi is shaking up the electric vehicle world once again. The tech giant's latest EV, the YU7 SUV, racked up a stunning 289 ...

What do you get when you cross a Porsche Cayenne, a Ferrari Purosangue, and a McLaren 720S? You get the Xiaomi SU7.