Is Tesla’s charm over? Xiaomi’s YU7 SUV dethrones Elon Musk-led company in China
Billionaire Elon Musk-led Tesla has been dethroned in China by Xiaomi’s electric car venture, at least in January 2026, CNBC reported. The Xiaomi YU7 SUV has taken over the top spot in China in terms of sales in January, with the company selling 37,869 units, as compared to Tesla’s 16,845 Model Y vehicles, the report…