XPeng Inc. (XPEV) Stock Slips as Options Activity Turns Cautious

Core Viewpoint - XPeng Inc. (NYSE:XPEV) is experiencing fluctuations in its stock price due to concerns over sales estimates and options market activity, despite being recognized as a high-growth electric vehicle (EV) stock to consider for investment [1][2]. Group 1: Stock Performance - XPeng Inc. shares decreased slightly by 18 cents, reaching $19.64, with options activity indicating a moderately bearish sentiment [2]. - The put/call ratio was reported at 0.35, slightly above the normal level of 0.33, suggesting a higher demand for downside protection [2]. - The implied volatility for 30-day options increased by 19 points to approximately 72.25, indicating an expected daily price movement of about $0.89 [2]. Group 2: Sales and Deliveries - In November, XPeng delivered 36,728 vehicles, marking a 19% increase compared to the same month last year [3]. - The total vehicle deliveries for the fourth quarter through November reached 78,741, with 42,013 vehicles sold in October [3]. - To meet its quarterly target of 125,000 to 132,000 units, the company needs to sell around 50,000 cars in December [3]. Group 3: Company Overview - XPeng Inc. is a notable Chinese smart electric vehicle startup engaged in the design, development, manufacturing, and promotion of EVs in China [4]. - While XPeng shows potential as an investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [4].