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Tesla Slips as XPeng Guidance Miss Triggers Broad EV Sector Pullback

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • XPeng shares sank 7% after missing Q2 revenue and delivering weak Q3 guidance, dragging peer EV makers lower.
  • Tesla slipped 2% amid the sector-wide pullback, as soft guidance and auto margin pressure overshadowed a $900 million fundraising round for XPeng's humanoid robotics arm.
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TSLA price history

365.44 -12.53% over the displayed period

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