Xiaomi’s $4,000 Price Advantage Dethroned Tesla in China — And the Implications Are Staggering
Submitted by Anonymous (not verified) on Fri, 02/13/2026 - 09:29For years, Tesla’s Model Y has been the undisputed king of China’s electric vehicle market, a position that seemed unassailable given the company’s brand cachet, Supercharger network, and Elon Musk’s cult-like following among Chinese tech enthusiasts. That era appears to be over. In January 2026, Xiaomi — the smartphone giant that only entered the auto business in 2024 — outsold Tesla’s flagship SUV by a factor of two to one, a seismic shift that underscores just how rapidly the competitive dynamics of the world’s largest EV market are evolving.