The all-new Xiaomi YU7 goes head-to-head with the Tesla Model Y in a high-stakes EV showdown. From pricing to performance, we compare both electric SUVs to see which one truly comes out on top and whether Tesla finally has real competition on its hands.

Xiaomi has officially rolled out its YU7 high-performance, electric SUV, with a shockingly competitive price of just RMB 253,500 ( P1.989 million before taxes ). The Chinese tech company then saw over 300,000 reservations within hours after the prices were announced.

Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by the U.S. Senate, calling it "utterly insane and destructive," weeks after the world's richest person and its most powerful ended a feud sparked by Musk's opposition to the bill.