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Stocks· May 04, 2026 at 01:26 PM

Tesla Rival Jumps On Strong Orders For Updated Model 3 Competitor

NeutralMedium impact

AI summary

Orders for the updated Xiaomi SU7 EV sedan, a direct Tesla Model 3 rival, have topped 70,000. Tesla does not plan to release an updated Model 3 in China this year.

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