XPEV Buy Alert: Beat the Trade War Blues With XPeng Stock

The Biden administration is raising the U.S. tariff on imported China-made electric vehicles to 100%. If this isn’t a trade war, then it’s at least a serious trade conflict. Does this mean XPeng (NYSE:XPEV) is in major trouble? Not at all, and it’s still a good idea to buy XPeng stock.An upshot of the China-U.S. trade conflict is that XPeng won’t easily be able to penetrate America’s EV market. However, even without success in the U.S., XPeng is still able to sell plenty of vehicles and generate robust reve ...