Xpeng has entered the Australian market in a somewhat understated fashion, so here's a quick look at what it's all about.

Tesla's sales are slumping, but rivals like General Motors, BMW, Ford and Hyundai are picking up the slack.

Sell-side price targets, which have been steep, are still bullish because the stock is trading below analysts' updated levels. For example, analysts polled by FactSet have a mean price target of $342.

Scaringe reiterated that sentiment at the Wolfe Research Autos summit on March 18. He said that there were "very few highly ...