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.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| XIAOMI (C) |
22311 |
57.93 (-) |
0.036 |
9.1 X |
| XIAOMI (C) |
22735 |
52.9 (-) |
0.059 |
8.8 X |
| XIAOMI (C) |
23962 |
50.05 (-) |
0.141 |
6.7 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.073 |
4.5 X |
| XIAOMI (Bull) |
68079 |
36.6 (37) |
0.024 |
16.1 X |
| XIAOMI (Bull) |
68457 |
35.6 (36) |
0.035 |
11.1 X |
| XIAOMI (Bear) |
61638 |
42.4 (42) |
0.032 |
12.1 X |
| XIAOMI (Bear) |
68563 |
40.4 (40) |
0.016 |
24.2 X |
| TSLA (C) |
11036 |
590 (-) |
0.500 |
4.5 X |
| TSLA (C) |
10010 |
530 (-) |
0.255 |
7.4 X |
| TSLA (P) |
11037 |
435 (-) |
0.980 |
2.7 X |
| TSLA (P) |
10011 |
370 (-) |
0.211 |
6.4 X |
