After not even a full year of being on sale, Xiaomi's SU7 electric sports sedan is rapidly grabbing Chinese market share.
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.
Tesla plans to suspend part of the lines manufacturing its recently refreshed Model Y sport utility vehicles in Shanghai for around three weeks over Chinese New Year, Bloomberg News reported on Wednesday,
Tesla unveiled a long-rumored refresh of the Model Y on Friday, but it's not yet on sale in the US.
Tesla reports fourth-quarter earnings and revenue next week and while the EV giant's profit and delivery guidance will be important for investors, so too are several key timelines for products Chief Executive Elon Musk has stressed as integral to Tesla's future.
It’s Day One of the new Trump Administration. As the new president takes the oath of office in the Capitol rotunda shortly after midday, one person will likely be pleased with how things are going so far: Xi Jinping, president of China. That’s for three reasons:
The better-looking Model Y will probably be coming to the U.S. soon, but Tesla doesn't really confirm these things anymore.
As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's electric vehicle (EV) sedan sales list.
China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.
If it were possible to short a public figure with maximum leverage, Elon Musk would surely be the top target. The political and enterprise value of “Musk Inc” is built on treacherous ideological sands.