Foreign media reports that Xiaomi YU7 may give Musk a headache

Zhitong
2025.05.23 02:40

Xiaomi's second model, the first SUV Xiaomi YU7, was released on the evening of May 22. Although the price of Xiaomi YU7 has not yet been announced, the popularity of Xiaomi SU7 has already drawn global attention to Xiaomi YU7, with several authoritative overseas media outlets providing evaluations. As one of Tesla's strongest competitors in China, Xiaomi has launched the new electric vehicle model YU7, which may give Elon Musk a headache. Morgan Stanley analysts wrote in a forward-looking report on the release of YU7 that this new SUV will pose a new challenge to Tesla. They predict that YU7 will replicate the sales success of Xiaomi SU7, which received 120,000 orders within 36 hours of its launch last year. Morgan Stanley analysts stated that the design of YU7 is "stunning," combining styles reminiscent of Ferrari or Aston Martin, yet priced comparably to Volkswagen. Some analysts claim that this SUV will become the strongest competitor to Tesla's best-selling Model Y in China, potentially delivering a new blow to Tesla's position in this globally popular electric vehicle market. Xiaomi has clearly expressed its intention to challenge the dominance of Model Y in the Chinese market