A first public test of robotaxis by Tesla in Austin, Texas led to multiple traffic problems and driving issues, videos from company-selected riders showed over the first few days. Chief Executive Elon Musk has tied Tesla's financial future to self-driving technology,

The company has begun a test run of the driverless cabs, years after CEO Elon Musk vowed they would be on the road.

Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV 10,000 yuan ($1,395) cheaper than Tesla's Model Y, stepping up the challenge to the U.S. firm in the world's largest auto market.

CEO Lei Jun said Thursday. This is RMB 10,000 lower than the Model Y, which starts at RMB 263,500 in the country.

Chinese smartphone maker Xiaomi Corp. is looking to shake off scrutiny of tech-enhanced driving systems with a 253,500 yuan ($35,360) sport utility vehicle that takes aim at Tesla Inc.’s popular Model Y.