Xpeng Listing on the NYSE: Good Bet or Bad Bet?

One of China's leading EV startups, Xpeng, gained approval this week to list on the New York Stock Exchange. The Alibaba-backed company founded in 2014 is bringing an impressive P7 sport sedan to market this autumn that does everything it can (and more) to replicate the Tesla Model 3. The P7 has many Tesla-like performance chops, including range (416 miles), speed (0-60 in 4.4 seconds) and an autonomous drive system (powered by Nvidia) with self parking and summons features. If you have watched Tesla's stock go sky-high and have a fear of missing out, you will want to take a closer look at Tesla.

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