After Xpeng's IPO on August 27, 2020, of 99.7 million shares for $15, we witnessed an insane run-up to an all-time high of $74.49 on November 23. As of today (December 10th), Xpeng's stock stands at $43.55, a drastic fall from grace only a month prior. In today's episode, we are going to be discussing Xpeng, what's affecting its stock price, and why I think it's a great investment for the long term. Headquartered in Guangzhou, Xpeng Motors is one of China’s leading smart electric vehicle (“EV”) companies. Xpeng designs, develops, manufactures, and markets smart EVs that are seamlessly integrated with advanced Internet, AI and autonomous driving technologies. Their mission is to transform smart electric vehicles with technology and data, shaping the mobility experience of the future.