Lei Jun: Tesla is indeed strong, but not invincible

AASTOCKS
2026.01.11 23:48

Xiaomi-W (01810.HK) founder, chairman, and CEO Lei Jun stated that he sees from the sales ranking on Yiche.com that Tesla (TSLA.US) is indeed strong, but he believes it is not invincible.

Lei Jun proudly claimed that the SU7 is the only pure electric sedan in the same class that has defeated the Model 3 so far, believing that its excellent product strength and quality are the reasons for its sales. The Xiaomi YU7 has only been on the market for half a year, and its sales still lag behind the Model Y, but he believes that, given time, the YU7 will also be able to compete

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