Tesla, the electric car company, has laid off over 300 employees without prior notice. Employees arrived at work to find their badges didn't work, and were informed via email that their last day was the same day. Tesla said the layoffs were to reduce costs and improve productivity, but some employees have raised concerns about the legality of the company's actions. Tesla has also halted deliveries of its Cybertruck model due to production issues.
Xiaomi is releasing its debut electric car, the SU7, priced lower than Tesla's Model 3, at 30,408 USD. Xiaomi claims the SU7 outperforms the Model 3 in most aspects. Despite selling at a loss, Xiaomi hopes its SU7 will compete with the Model 3 and expand its ecosystem of connected devices.
Xiaomi, a smartphone giant, is entering the premium electric car market. They aim to leverage their vast user base and well-connected ecosystem to deliver a seamless user experience by linking electric cars to their smartphones and home devices. Xiaomi's unique approach, coupled with their proven success in premium smartphones, positions them well despite competition.
