---
title: "Tesla Rival Becomes First Chinese EV Company To Make Robotaxis. Both Stocks Fall."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286809054.md"
description: "The introduction of XPeng's latest robotaxi has been seen as a confirmation of Tesla's strategy for advancing self-driving vehicles. This week, XPeng shares experienced a decline of approximately 4%, while Tesla saw a drop of around 3%. This move marks XPeng as the initial Chinese electric vehicle company to enter the robotaxi market, causing a simultaneous decrease in the stock prices of both companies."
datetime: "2026-05-18T18:46:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286809054.md)
  - [en](https://longbridge.com/en/news/286809054.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286809054.md)
---

# Tesla Rival Becomes First Chinese EV Company To Make Robotaxis. Both Stocks Fall.

The introduction of XPeng's latest robotaxi has been seen as a confirmation of Tesla's strategy for advancing self-driving vehicles. This week, XPeng shares experienced a decline of approximately 4%, while Tesla saw a drop of around 3%. This move marks XPeng as the initial Chinese electric vehicle company to enter the robotaxi market, causing a simultaneous decrease in the stock prices of both companies.

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