Wall Street Breakfast Xpeng's AI EV
15 snips
Jul 7, 2025 A Chinese electric vehicle company has unveiled an SUV equipped with a revolutionary Turing chip, boosting its autonomous driving features. Meanwhile, Tesla faces setbacks, with declining shares amid concerns over Elon Musk's political endeavors affecting investor confidence. The podcast also dives into the merger between Core Scientific and CoreWeave, breaking down the stockholder dynamics. Plus, it analyzes the telecom sector, comparing growth prospects and challenges among major players like AT&T, Verizon, and T-Mobile.
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XPeng's AI-Powered Turing Chip
- XPeng developed the Turing chip internally to power smart electric vehicles with strong AI capabilities.
- This chip offers 700 trillion operations per second, boosting autonomous driving and intelligent cockpit systems.
XPeng's G7 SUV Challenges Tesla
- XPeng's G7 electric SUV is priced competitively at $27,325 to battle Tesla Model Y and Xiaomi YU7.
- Early reviews highlight the Turing chip as its key competitive advantage in the market.
Musk's Politics Hits Tesla Shares
- Tesla's stock suffers as Elon Musk enters politics with plans for a new party.
- Analysts warn this political move distracts from Tesla’s core business and could unsettle investors.