Chinese Tesla Rival Sinks On Reports Of Ambitious Sales Targets

BREAKING: Trillion-Dollar Club Now Boasts 11 Stocks Shares of XPeng stock, the Chinese electric vehicle manufacturer, fell Monday. Investors grew jittery after the carmaker's latest sales report implied it would need a big December to hit its quarterly forecasts. XPeng (XPEV) announced November sales figures of 36,728 vehicles, which was an 19% increase compared to last year. When combined with the 42,013 EVs XPeng sold in October, the… Related news Elon Musk Says These Mag 7 Stocks Not Named Tesla Are Set ...