Is XPeng stock a good investment?

XPeng has impressed investors with strong delivery numbers and stellar year-over-year growth. The company has delivered 38,778 vehicles year to date and has already beat the Q2 vehicle delivery projections and the revenue will showcase the same.

Is XPeng a long term stock?

The Chinese equity market has had a tough time this year. The troubles started last year, seemingly from antagonistic comments Jack Ma, the founder of Alibaba (NYSE:BABA), made.

Will XPeng be as big as Tesla?

XPeng is significantly smaller than Tesla for now, but it looks like XPeng is very capable of competing with Tesla in a range of metrics, including delivering growth (where it actually easily outperforms Tesla for now), and in autonomous driving capabilities.

Is XPeng or NIO a better investment?

Thanks to the recent increase of the overall capacity, XPeng has better chances to significantly improve its deliveries in the following months and expand its market share. XPeng has better chances to appreciate in the following quarters, which makes its stock a better investment than NIO.

Will XPeng come to the US?

It’s Coming to America, Some Day. Chinese electric vehicle maker XPeng had big news for investors late Thursday.

Who is investing in Xpeng?

Guangdong Yuecai Investment Holdings Co.
Xpeng Motors has received 500 million yuan ($76.9 million) funding from Guangdong Yuecai Investment Holdings Co., the Chinese province’s investment arm. Xpeng is headquartered in Guangzhou, the capital of Guangdong province. The region has been putting a focus on new energy vehicles and autonomous driving.

Is Nio the Tesla of China?

Founded in 2014, Nio had little experience in vehicle manufacturing when it came on the scene. But the EV startup, sometimes called the Tesla of China, went on to deliver booming sales. Unlike Tesla (TSLA), Nio does not make its own electric cars, instead partnering with a state-owned auto manufacturer.

Why is XPeng stock going down?

, are trading lower Monday afternoon following a fatal crash of a self-driving vehicle, which may result in heightened safety regulation. XPeng is a smart EV company designing, developing, manufacturing and marketing smart electric vehicles in China.

What is the target price for XPeng stock?

Stock Price Targets

High	$587.36
Median	$388.98
Low	$173.39
Average	$350.74
Current Price	$42.27