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XIAOMI-W Lei Jun: Tesla Indeed Strong but Not Unbeatable
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The sales rankings on Yiche.com showed Tesla (TSLA.US) is indeed strong, but Lei Jun, founder, chairman, and CEO of XIAOMI-W (01810.HK) believed it is not unbeatable. Lei proudly mentioned that the Xiaomi SU7 is the only pure electric sedan in the same category that has defeated the Model 3 so far, attributing its sales success to excellent product strength and quality. Separately, the Xiaomi YU7, having been on the market for only half a year, has its sales still lagged behind Model Y, yet Lei believed that YU7 can also compete with Tesla on equal terms given time. AASTOCKS Financial News Website: www.aastocks.com |
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