We recently published Ten stocks in the red. XPeng Inc. (NYSE: XPEV) had one of the worst results on Tuesday.
XPeng dropped its share price 7.92 percent on Tuesday to close at $19.66 each, as investor sentiment was hit by lower vehicle deliveries in November.
In a report updated Monday, XPeng Inc. (NYSE: XPEV) said it delivered 36,728 smart electric vehicles last month, down 12.6 percent from the 42,013 vehicles delivered in October. However, the latest figures were up 19 percent year-on-year.
Through the first 11 months of the year, XPeng Inc. (NYSE: XPEV) has already delivered 391,937 units, representing a year-over-year increase of 156 percent.
In terms of overseas operations, deliveries from January to November ended at 39,773 units, an increase of 95 percent over the same period last year.
During this month, investors will be on the lookout for updates to its large VLA 2.0 model, which adopts a new “Vision-Implicit Token-Action” route, effectively eliminating the language translation step.
According to XPeng Inc. (NYSE: XPEV), this would achieve direct end-to-end generation from visual cues to action commands for the first time, completely subverting the industry’s traditional “VLA” architecture and bringing a new physical model paradigm.
The VLA 2.0 is both a generative model of action and a model of the physical world for understanding and prediction. You can also do self-evolution learning while understanding real-world interaction laws.
Such a model can be driven across domains and applied to AI cars, humanoid robots, and flying cars simultaneously.
While we recognize the potential of XPEV as an investment, our conviction lies in the belief that some AI stocks have more promise to generate higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out our free report on the best short-term AI stock.
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Disclosure: None. This article was originally published in privileged monkey.