TECH - Li Auto Strikes Back At Tesla's Snub With Performance Test Victory | Benzinga
Li Auto (NASDAQ:LI) has clapped back at Tesla Inc. (NASDAQ:TSLA) for the U.S. EV giant’s dismissive remarks about the Chinese automaker’s technology. The company demonstrated the prowess of its Li Mega against Tesla’s Model X in a range test video, effectively challenging the American brand’s dominance in the EV market.
What Happened: As reported by CnEVPost, Tesla had previously taken a jab at Li Auto, ridiculing it for allegedly lacking substantial technology and leaning on superficial comfort features to draw in customers. Li Auto responded by releasing a video on Weibo that showed a range test between its soon-to-be-launched Li Mega MPV and Tesla’s Model X SUV.
The test was performed by four automobile bloggers, including two Tesla owners, in Hainan, China’s southernmost province. Both the Li Mega and the Model X were dual-motor all-wheel-drive models, and the test covered a planned distance of 616 kilometers.
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The Li Mega outdistanced the Tesla Model X by ...