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Tesla took 10 years to turn a profit and Xiaomi did it in two as YU7 beat Model Y sales
(www.notebookcheck.net)
this post was submitted on 20 Nov 2025
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Electric Vehicles
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Also easy to make a quick profit with endless government money.
Yeah, looking into things like BYD you can clearly see that China was willing to pump a lot of money into their fledgling EV companies (not that Tesla didn't get money through loans/car subsidies, but seems like a different scale).