Schaeffers Investment Research·2025-11-17 20:40Core Insights - Xpeng Inc (NYSE:XPEV) shares fell 9.4% to $22.67 despite a bottom-line win for Q3 and record deliveries, due to a poor fiscal Q4 outlook amid intense competition [1] - XPEV is facing its fourth consecutive loss and the worst trading day since April 2023, with shares down from a three-year high of $28.23 [2] - Lucid Group Inc (NASDAQ:LCID) also experienced significant declines, down 11.2% to a record low of $12.61 after a price-target cut from Stifel [3] Company Performance - Xpeng Inc reported record deliveries in Q3 but issued a disappointing outlook for Q4, contributing to the stock's decline [1] - XPEV's stock is down from a high of $28.23, indicating a significant drop in investor confidence [2] - Lucid Group's stock has seen a 58.2% year-to-date deficit and is on track for its seventh consecutive daily drop [3] Market Activity - XPEV's options activity showed 95,000 calls and 26,000 puts traded, indicating heightened trading interest [2] - The 50-day put/call volume ratio for Lucid Group is at 3.02, nearing an annual high, reflecting bearish sentiment in the market [4]