Xiaomi's electric car is a "wow" but is EV business lucrative?
Xiaomi's EVs are still loss-making after taking the costs into account. It needs to sell 300k-400k EVs annually to break even. But it may achieve that in 2026-2027.
UOB KH has a buy rating and a tp of HKD21.00.
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Shroomie : hope you're riding this tesla BULL
bullrider_21OP Shroomie: Yes. I predicted Tesla may rise to around 200-206 before it becomes overbought and reverses.