New Delhi, Feb. 13 -- Billionaire Elon Musk-led Tesla has been dethroned in China by Xiaomi's electric car venture, at least in January 2026, CNBC reported.

The Xiaomi YU7 SUV has taken over the top spot in China in terms of sales in January, with the company selling 37,869 units, as compared to Tesla's 16,845 Model Y vehicles, the report showed, citing data from the China Passenger Car Association.

The electric vehicle (EV) company's Model Y was the best-selling model in December 2025; however, it plunged to the 20th spot just a month later. Over the same period, it also fell from first to seventh position among the new energy vehicles.

The data, published on Thursday (local time) by car sales platform Autohome, included figures from ...