Shares of XPeng Inc. fell Wednesday, after J.P. Morgan backed away from its bullish call on the China-based electric vehicle maker, saying the COVID-related reopening trade has been overdone. Analyst ...
Tag: XPeng Inc. ADR
Tesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it
Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the electric vehicle maker cut prices in China again, which also weighed heavily on rival China-based EV makers. Tesla’...
Li Auto sees record EV deliveries in December
Li Auto Inc. said Friday that it delivered more than 20,000 electric vehicles in December, which is more than 33% above the previous monthly record delivered last month. The China-based EV maker’s ann...
Nio stock drops after Tesla halts production in Shanghai
Shares of Nio Inc. NIO, -7.70% dropped 5.7% in premarket trading Tuesday, to buck the rally in the broader stock markets, as Tesla Inc.’s TSLA, -7.47% extension of its production suspension at its Sh...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
Tesla stock target raised as China demand swings to a ‘tailwind’
Shares of Tesla Inc. rallied toward a three-month high Monday, after Wedbush raised its price target, saying China demand has swung to a “tailwind” from a “headwind.” The stock TSLA, +2.11% climbed as...