Why Is Xpeng Stock Underperforming Despite Strong Deliveries?

This article was originally published on Nasdaq

U.S. listed Chinese EV Xpeng (NYSE:XPEV) stock has underperformed considerably, declining by about 52% year-to-date. While investors have been reducing exposure to high-growth stocks and Chinese names, amid potential delisting concerns in the U.S., Xpeng’s performance has b