XPeng CEO Tests Tesla's Full Self-Driving Software In US, Compares Tesla's Full Self-Driving Software With Xpeng's Navigation Guided Pilot
Portfolio Pulse from Nabaparna Bhattacharya
XPeng CEO He Xiaopeng is in the U.S. testing Tesla's Full Self-Driving (FSD) software and comparing it with XPeng's Navigation Guided Pilot (XNGP). XPeng recently launched its flying car, the X2, in Beijing and revealed the first model from its sub-brand Mona, named Xpeng M03, which will use batteries from BYD. XPeng shares are trading slightly higher premarket.
June 20, 2024 | 11:39 am
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NEUTRAL IMPACT
XPeng's Mona sub-brand will use batteries from BYD, a choice also made by NIO's Onvo sub-brand.
The mention of NIO's use of BYD batteries is a minor detail and does not significantly impact NIO's stock price in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30
NEUTRAL IMPACT
XPeng CEO He Xiaopeng is testing Tesla's Full Self-Driving (FSD) software in the U.S. and comparing it with XPeng's Navigation Guided Pilot (XNGP).
While the testing of Tesla's FSD by a competitor's CEO is noteworthy, it does not directly impact Tesla's stock price in the short term. However, it highlights Tesla's technological leadership.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
XPeng CEO He Xiaopeng is testing Tesla's FSD software in the U.S. and comparing it with XPeng's XNGP. XPeng also launched its flying car, the X2, and revealed the first model from its Mona sub-brand, the Xpeng M03.
The CEO's active comparison of XPeng's technology with Tesla's FSD and the recent product launches indicate strong innovation and competitive positioning, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100