HomeLifestyleVehiclesXPeng (XPEV) Unveils Tesla (TSLA) Model Y Competitor
XPeng (XPEV) Unveils Tesla (TSLA) Model Y Competitor

XPeng (XPEV) is today’s FOMO stock. In this segment, Alex Coffey and Jenny Horne discuss the Chinese electric vehicle maker which unveiled their all-electric SUV on Wednesday. The XPeng’s G9 SUV price ranges from $45,000 to $65,000. Jenny and Alex discuss how the G9 compares to Tesla’s (TSLA) Model 9. Despite the unveiling, shares of XPEV were trading down 10% Wednesday hitting a lifetime low. Alex demonstrated an example Sell Put Vertical trade using XPEV which was trading around $14.25/share midday Wednesday.

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