Touted Tesla Rival Suffers from Slow Sales, Chip Shortages

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XPeng ($NYSE:XPEV), a Chinese electric vehicle (EV) maker, has been struggling in the market recently due to slowing sales and chip shortages. The company had been touted as a potential rival to Tesla, but has been unable to keep up with the competition. In addition, XPeng’s plans to launch robotic and flying cars are still in the early stages, with launch not expected until 2024 and 2026 respectively. This means that XPeng is facing challenges on multiple fronts, which could impact its market position and earnings in the long term.

Market Reaction

XPENG Intrinsic Value – XPENG, a Chinese electric vehicle manufacturer often touted as a Tesla rival, has suffered from slow sales and chip shortages in recent months. The company has been hit hard by the global semiconductor shortage, which has hampered its ability to produce vehicles. XPENG has also been hurt by the slow rollout of its vehicle-charging network in China.

VI Analysis – XPENG Intrinsic Value

The intrinsic value of a company’s shares reflects its long-term potential. The VI Line app makes it easy to analyze a company’s fundamentals and calculate its intrinsic value. Based on our analysis, XPENG Intrinsic Value is around $66.2.

However, the stock is currently trading at $24.38, which means it is undervalued by 63.17%.

Summary

XPeng is a Chinese electric vehicle manufacturer that is often compared to Tesla. The company has faced some challenges in recent months, including slow sales and chip shortages. Despite these challenges, XPeng remains an attractive investment option for many due to its strong potential in the growing EV market.