Xiaomi's auto performance exceeded expectations across the board: revenue approaching 10 billion, annual delivery target refreshed to 0.13 million.
"Xiaomi delivers its strongest performance ever." Following the release of Xiaomi's third quarter 2024 business results, Xiaomi's founder, director, and CEO Lei Jun could hardly contain his excitement, saying so on Weibo. Looking at the various data, Xiaomi's revenue has been surging for three consecutive quarters, with adjusted net income maintaining historical highs, and all of its businesses thriving. Behind this success is the comprehensive effort of Xiaomi's "all aspects of life eco-system". This quarter, Xiaomi's autos are becoming a significant driver of growth for Xiaomi Group. Monthly deliveries have exceeded 0.02 million vehicles, revenue is approaching tens of billions, and the gross margin has also surpassed the performance of many new energy vehicle companies.
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Only 2% of the real orders of the internet celebrity magic car, Musk really doesn't care.
Tesla Cybertruck has been recalled again, this is the fifth time this year. As the launch approaches one year, the hype of this internet sensation car is gradually fading, with actual orders being only 2% of the previous reservation quantity. However, Elon Musk, who is at the peak of his life, doesn't care at all. Within one year, the National Highway Traffic Safety Administration (NHTSA) announced last Wednesday that Tesla will recall 2,400 Cybertrucks starting from December 9th, due to the possibility of vehicles losing power and increasing the risk of accidents. This issue cannot be fixed with a software patch. Tesla
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