According to data sourced from the China Passenger Car Association, the Xiaomi SU7 sedan overtook the Tesla Model 3 in its first year. In April alone, 7,058 SU7 models left dealer lots versus just ...

Tesla has already started offering 0% APR on loans for the new Model Y in China, showing a clear sign of weak demand. We recently reported that Tesla is under increased pressure from competition in ...

A similar situation happened with the launch of the new Model 3 in China a year prior. The same people who are now starting the rumors about Tesla accumulating a big order backlog for the new ...

but its SU7 sedan has outsold Tesla’s Model 3 on a monthly basis since December. Tesla’s market share in China’s electric car market dropped to 10.4% last year from 11.7% the year before.

Reports from China indicate that the base Model Y will be a simpler version, similar to the budget Model 3 Tesla launched in Mexico last year—sacrificing features like vegan leather for cloth ...

The Model Y, a mid-sized SUV crossover, retails from 263,500 yuan ($36,351). The Shanghai output will be mainly sold in China to defend ... has outsold Tesla's Model 3 on monthly basis since ...