U.S. stock night market volatility: Sales fraud controversy severely impacts XPeng, G6 radar downgrade causes stock price to drop by 3.10%

U.S. Stock Night Market Movements XPeng fell 3.10% in the night market. Based on recent key news: On December 30, XPeng's G6 model was involved in a sales fraud controversy, with owners complaining about radar downgrades, leading to a loss of consumer confidence and a drop in stock price. Source: Economic Information Daily On December 29, XPeng announced the upcoming release of the 2026 P7+, which will apply global production standards, and the market expects the new model to drive up stock prices. Source: Economic Information Daily On December 29, JP Morgan increased its holdings in XPeng, indicating that institutions are optimistic about its future development, providing short-term support for the stock price. Source: Hong Kong Stock Exchange disclosed that competition in the new energy vehicle market is intensifying, with significant policy support. Stocks with High Trading Volume in the Industry Tesla fell 0.33% in the night market. Based on recent key news: On December 31, Tesla released a pessimistic delivery forecast on its official website, expecting a 15% year-on-year decline in deliveries for the fourth quarter and an 8% decline for the entire year. This move was interpreted by the market as a warning of slowing sales, putting pressure on the stock price. Source: Bloomberg On December 30, Cathie Wood sold $30 million worth of Tesla shares, increasing market pressure on Tesla's stock price. Source: Economic Information Daily On December 30, Tesla showcased new models and AI layouts at the Taipei Auto Show. Despite demonstrating innovative technology, it failed to alleviate market concerns about its sales expectations. Source: Economic Information Daily The electric vehicle industry is facing intensified competition, and macroeconomic uncertainties are increasing. Nio fell 3.64% in the night market. Based on recent news: On December 29, Nio's new ES8 successfully achieved over 40,000 deliveries on the 100th day after official deliveries began. This news boosted market confidence and drove up the stock price. On December 28, the 292nd battery swap station, in collaboration with Sinopec, officially commenced operations, marking a new phase of large-scale and normalized strategic cooperation between the two parties, further enhancing market expectations for Nio's future development. On December 30, the Hang Seng Index showed fluctuating trends, with new energy vehicle-related stocks performing well, but the overall market was weak, causing Nio's stock price to fluctuate under the influence of the broader market. The new energy vehicle industry performed well overall, with significant impacts from macroeconomic data. Li Auto fell 3.07% in the night market. Based on recent key news: On December 29, BlackRock reduced its holdings in Li Auto by 8.196 million shares, leading to weakened market confidence in the stock and putting pressure on the stock price. After the reduction, the holding ratio dropped to 4.88%. Source: Zhitong Finance On December 29, the National Development and Reform Commission proposed to rectify the "involution" competition in new energy vehicles, promoting a positive trend in automotive stocks. Li Auto's stock price rose by as much as 3% to 5%. Source: China Youth Network On December 31, Li Auto's ADR was 2.1% higher than the closing price in Hong Kong, indicating market recognition of its performance in the international market. Source: Li Auto official website The competition in new energy vehicles is intensifying, and market volatility is significant