From The Electric Viking.
Tesla Made $1,332 Per Car. Xiaomi Lost $5,689. Same Quarter
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The brutal reality of the electric vehicle price war is fully on display in the latest financial reports. While Tesla managed to pull a profit of $1,332 per vehicle, tech giant Xiaomi posted a staggering operating loss of $5,689 per car during the exact same quarter. In this video, we break down the newly released financial data, exploring how seasoned manufacturing scale allows for sustained profitability while new market entrants face massive upfront losses as they ramp up production on highly anticipated models like the SU7. What does this massive profit gap tell us about the future survival of global EV brands?
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👇Reference to the news/charts & videos used in this video:
https://cnevpost.com/2026/05/26/xiaomi-ev-business-posts-operating-loss/
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