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home / news releases / XPEV - NIO's Stock Appears To Be A Falling Knife

XPEV - NIO's Stock Appears To Be A Falling Knife

XPeng Inc. American depositary shares each representing two Class A

2024-04-03 17:56:23 ET

Summary

  • NIO continues to lose market share to competitors as closest peers demonstrate the ability to ramp up faster.
  • The emergence of Xiaomi's electric vehicle poses a big threat to NIO's ET7 model.
  • My target price is $1.57.

Introduction

For further details see:

NIO's Stock Appears To Be A Falling Knife
Stock Information
Company Name: XPeng Inc. American depositary shares each representing two Class A
Stock Symbol: XPEV
Market: NYSE
Website: xiaopeng.com
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