Technology

Chinese Tesla Rival Sinks On Reports Of Ambitious Sales Targets

2025-12-01 17:25
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Chinese Tesla Rival Sinks On Reports Of Ambitious Sales Targets

News Chinese Tesla Rival Sinks On Reports Of Ambitious Sales Targets Licensing PAOLO CONFINO 12:25 PM ET 12/01/2025 Shares of XPeng stock, the Chinese electric vehicle manufacturer, fell Monday. Inves...

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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…

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