Xiaomi YU7 SUV Cheaper Than Tesla
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YU7 SUVCNBC
•Technology
Technology
China's Xiaomi undercuts Tesla with yet another cheaper car

79% Informative
Xiaomi 's luxury YU7 SUV will start at 253,500 yuan ($ 35,322 ) CEO Lei Jun said the vehicle is 10,000 yuan cheaper than Tesla 's Model Y.
Pre-sales start at 10 p.m. on Thursday , with deliveries expected within one to five weeks .
Earlier event takes place amid intensifying electric car price war.
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