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Xiaomi received 90,000 first-day orders for its SU7 electric vehicle and that its shares rose 16 percent, pushing its stated enterprise value above those of General Motors and Ford.
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Xiaomi received 90,000 first-day orders for its SU7 electric vehicle and that its shares rose 16 percent, pushing its stated enterprise value above those of General Motors and Ford.
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Xiaomi dossier
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China
Xiaomi received 90,000 first-day orders for its SU7 electric vehicle and that its shares rose 16 percent, pushing its stated enterprise value above those of General Motors and Ford.
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Chronology
Off Leash 2 April Update Iran Israel carried out a brazen strike on Iran's consulate in Damascus, Syria, killing seven Iranian military advisors - including three generals. Israel acknowledged the strike but rejected the notion that the building was a diplomatic facility and said it was a military building instead. The distinction is important because - as one NGO director noted - targeting a known diplomatic building would be "akin to targeting Iran on its own soil." Israel seems to be escalating its covert war on Iranian targets in a manner calculated to hinder Iran's offensive operations without drawing it and its proxies into all-out war. Indeed, Iran's response to the Damascus strikes was cautious: Tehran vowed revenge "at the appropriate time and place." Its proxies were more audacious in their revenge threats: the head of the Iraq-based, Iran-backed Hezbollah Brigades militia threatened to arm over 12,000 Jordanians to exact retribution on Israel for the Damascus strike. Israel and Gaza Israel's Knesset passed a law that will allow PM Netanyahu to temporarily block foreign media outlets from operating in the country on national security grounds, and Netanyahu said he will promptly use the new law to ban Al Jazeera, which he has accused of being "a Hamas mouthpiece" and a "terrorist channel" for its sympathetic coverage of Palestinian causes. The White House called the looming ban "concerning" for its challenge to the free press. Separately, the NGO World Central Kitchen (WCK) said an Israeli airstrike killed seven of its foreign national aid workers in Gaza. Israel said it was "carrying out an in-depth examination" of the "tragic incident," and it's already drawing criticism from the aid community. Ukraine and Russia Ukraine launched a drone assault on an oil refinery deep inside Russia in Tatarstan, which is over 600 miles (1,000 km) from the Ukrainian border. Local authorities said the attack caused minimal damage but later conceded several people were injured. China Chinese electronics firm Xiaomi rolled out its new, Porsche-looking Super Ultra 7 (SU7) electric vehicle yesterday, and surprised the market with 90,000 orders for it on the first day - even though it launched in a market already crowded with inexpensive competitors. Xiaomi shares rose 16% on news of its strong first day of sales, raising the firm's enterprise value above that of traditional automakers GM and Ford. DRC Pres. Tshisekedi appointed Judith Suminwa Tuluka to be DRC's first female prime minister. Tuluka was formerly DRC's planning minister, and will now be called upon to craft a plan to bring peace to the restive east of the country. North Korea North Korea fired a suspected intermediate-range ballistic missile into the sea off its east coast early this morning - its third this year. The UN is no longer monitoring the sanctions violations that helped supply North Korea with kit for building missiles like this, thanks to a recent Russian veto on a motion to extend the monitoring program. Some analysts linked Russia's veto to an alleged weapons procurement agreement between Moscow and Pyongyang.
Open source report