XPeng Deliveries Surge 3X in China, Should Tesla Be Worried?

XPeng TodayXPEVXPeng$17.98 +0.54 (+3.07$6.55▼$27.16Price Target$22.20Add to WatchlistChinese Smart electric vehicle (EV) maker XPeng Inc. NYSE: XPEV reported that in March 2025, monthly EV deliveries surged 268% year-over-year (YOY) to 33,205 units. This marks the fifth consecutive month of exceeding 30,000 units in EV deliveries. The 331% YOY jump in first quarter 2025 deliveries of 94,008 Smart EVs is even more impressive. At the same time, these numbers pale in comparison to auto/tires/t ...