Previous close | 14.760 |
Open | 14.700 |
Bid | 14.940 x 0 |
Ask | 14.960 x 0 |
Day's range | 14.700 - 15.260 |
52-week range | 9.860 - 16.980 |
Volume | |
Avg. volume | 88,792,691 |
Market cap | 372.729B |
Beta (5Y monthly) | 1.28 |
PE ratio (TTM) | 19.92 |
EPS (TTM) | 0.750 |
Earnings date | 22 May 2024 - 27 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 18.95 |
Chinese electronic company Xiaomi (1810.HK) launched its electric SU7 sedan, an EV estimated to be $4,000 cheaper than Tesla's (TSLA) Model 3. Pricing continues to be a point of contention between Tesla and Chinese automakers. Oppenheimer Managing Director and Senior Research Analyst Colin Rusch sits down with Yahoo Finance to emphasize the evergrowing importance of vehicle pricing and full self-driving (FSD) capabilities for international EV markets. "There could be a potential embrace of the functionality [for FSD] as folks start to look at how the vehicle drives as it mimics humans in a more substantial way than a lot of the other folks working on full self-driving," Rusch says. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
He was called China's answer to Steve Jobs for taking Xiaomi from scrappy startup to an electronics giant known for its smartphones. With the launch of a much-hyped and against-the-odds electric car, Lei Jun, Xiaomi's co-founder and CEO, is taking on Elon Musk with a strategy that takes a page from Tesla's playbook. Lei, 54, took the stage in Beijing on Thursday to unveil Xiaomi's SU7 car, a project three years in the making that has attracted a lot of attention but which, Lei has warned investors, will lose money.
Chinese smartphone maker Xiaomi just launched something no one really needed—another battery electric vehicle priced at about $30,000. The SU7 is a Tesla Model 3-sized sedan unveiled by Xiaomi CEO Lei Jun in Beijing on Thursday. China and the U.S. do different tests to determine EV range.