Tesla Rival XPeng Aims To Mass-Produce Flying Cars By 2026, But Regulators May Ground Takeoff - XPeng (NYSE:XPEV), Tesla (NASDAQ:TSLA)
1. Xpeng aims to mass produce flying cars by 2026, targeting tourism markets. 2. The vehicle can carry six passengers and costs around $275,000. 3. China projects $138 billion low-altitude economy growth by 2025, affecting competitors. 4. Regulatory hurdles could challenge Xpeng’s market entry plans. 5. Xpeng's stock rose 6.16% despite analysts predicting downside.