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Xiaomi to Launch ‘Tesla-Challenging’ YU7 on Thursday

China’s Xiaomi will launch its highly-anticipated YU7 electric sports utility vehicle on Thursday, as well as other products, such as a mobile chip developed by the company, it said. Analysts have touted the YU7 as a challenger to Tesla’s best-selling Model Y in China, the world’s largest auto market, and Xiaomi had disappointed fans last month by not showcasing the car at the Shanghai autoshow. Lei…

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Tesla Says India’s 100 Percent Car Tariffs Make Customers Anxious

Tesla sees India’s 100 percent import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the “very hot” market even as those concerns linger, its chief financial officer said on Tuesday. Tesla has long wanted to sell in the world’s third-largest car market, but high tariffs, which its chief Elon Musk has said are among the steepest in the world, have been…

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Tesla CEO Elon Musk Revives Plan to Visit India After Talking With PM Narendra Modi

Tesla Chief Executive Elon Musk indicated he’ll visit India later this year after speaking yesterday with Prime Minister Narendra Modi, signaling potential progress in the electric-car maker’s long-pending push into the world’s most populous country. He flagged the travel plans in a post on his social media platform X on Saturday. The billionaire entrepreneur had…

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