Xiaomi CEO Lei Jun launches

To Take On Tesla, Xiaomi Tore Down Three Model Ys Piece by Piece — Then Built a Rival EV

Xiaomi’s CEO Lei Jun has confirmed the company purchased and completely disassembled three Tesla Model Y vehicles earlier this year to study them in detail. The move was part of the development strategy behind Xiaomi’s upcoming YU7 electric SUV, which Lei says was designed to match — or even surpass — the Model Y in key areas.