Tesla's China sales dropping to a three-year low last month. Ununice Yun joins us this morning from Beijing with a look at the competition. Ununice.>> Thanks, Andrew. Well, Tesla's share of the Chinese EV market shrank from 8.7% in September to 3.2% last month. So, I took a look at some of the latest competition.Tesla's newest direct competitor in the upper echelon of the Chinese EV market is China's Xiaomi. The smartphone makers U7 SUV and Sue7 sedan posted record sales in October despite accidents that ra ...

Chinese smartphone maker Xiaomi has succeeded in doing what Apple has failed to achieve, and that's to make a car. So, what does Xiaomi do differently. First, a set realistic benchmarks.Apple may have been too lofty, aiming at one point for a fully self-driving car that required no human assistance, something that stole a long way from mass adoption. Xiaomi, in contrast, took a more grounded approach. Already a large manufacturer of consumer goods, it drew on that know-how and iterated on proven industry de ...