The unveiling of Xiaomi’s first electric SUV on Thursday will showcase how the Chinese tech company has become an investor darling with its high-stakes bet on the auto market. https://www.japantimes.co.jp/business/2025/06/26/tech/china-xiaomi-suv-shares/?utm_medium=Social&utm_source=mastodon #business #tech #electricvehicles #china #xiaomi
Tim Chambers
boosted
Tesla new car sales in Europe fell for a fifth straight month in May. The latest data says the carmaker's sales are down 27.9% year on year in the EU, Britain and European Free Trade Association. The company's stock is down more than 18% so far this year. Here's more from CNBC.