Tesla's Self-driving Tech may hurt Xpeng
According to Yahoo Finance, it is reported that Xpeng self-driving system is indeed "level 2". Other sources also reported that Xpeng NGP looks "very similar" to Tesla FSD and probably "inspired" by Tesla's design.
EM has commented that Tesla autonomous driving system which involves AI-software is the years ahead of its rivals. Jeff chung, a Citi analyst who covers frequently about Xpeng stock must know something in order to comment that Tesla's self-driving tech entry to China may hurt Xpeng.
Source:
Analysis-Tesla's self-driving bid for China faces rivals racing ahead - Yahoo Finance
EM has commented that Tesla autonomous driving system which involves AI-software is the years ahead of its rivals. Jeff chung, a Citi analyst who covers frequently about Xpeng stock must know something in order to comment that Tesla's self-driving tech entry to China may hurt Xpeng.
Source:
Analysis-Tesla's self-driving bid for China faces rivals racing ahead - Yahoo Finance
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Tesla's Self-driving Tech may hurt Xpeng
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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ZnWCOP : Tesla has great autonomous driving technology and brand, and only with the entry of more good products and technology can the whole market and customers have a better experience, Xpeng CEO said. I believe Xpeng CEO really thinks that Tesla FSD V12 is one of a superior autonomous driving technology in the EV industry.
Source: Xpeng CEO says he welcomes Tesla to bring FSD to China - CNEVPost