Nov 12, 2025

Xiaomi Stock: Tech Giant Crushes Tesla in China EV Sales Battle

TLDR Xiaomi delivered 48,654 EVs in China during October 2025, beating Tesla’s 26,006 units Tesla posted its weakest China sales in three years while Xiaomi hit record monthly deliveries Xiaomi stock rose 4% to HK$44.62 after China Passenger Car Association released the data Chinese EV market cooled overall with BYD sales down 12% after subsidies [...]

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Source: Blockonomi →