From Reuters by way of Yahoo Finance.
He’s such a sympathetic character, you have to feel sorry for him, don’t you?
“In the first 18 hours after the YU7 went on sale, Xiaomi received some 240,000 orders that it considers locked in, with buyers having paid either a hefty deposit for ready-to-deliver cars or a smaller deposit for cars still to be made.
. . . As domestic rivals increasingly win over Chinese consumers with snazzy new features, Tesla’s share of the Chinese EV market has fallen from a peak of 15% in 2020 to 10% last year and then again to 7.6% for the first five months of 2025.
Citi analysts said in a note to clients that it may have to cut prices further, offer its ‘Full Self-Driving’ (FSD) driver assistance software for free and offer more financing incentives if it is to compete successfully with Xiaomi.”
Pressing Pause 
Ever since Elon went political he’s lost his way. He needed to focus on innovating to stay ahead of competition, but he DOGEd us and himself at the same time.
We all know what happens when you take your eye off the ball.