Wall Street sets XPeng stock price for the next 12 months

The electric vehicle (EV) manufacturer XPeng (NYSE: XPEV), experienced a stock price decrease of more than 8% on Friday following a formal letter sent on April 11, from Senator Sherrod Brown to President Biden, urging the President to implement a permanent ban on the import of Chinese-made EVs into the United States.The Senator expressed serious concerns regarding the potential threats posed by Chinese EVs to both American jobs and national security. He argues that permitting these vehicles into the U.S. ma ...