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XPeng's stock has fallen 8.89% despite positive developments, including CEO Xiaopeng He increasing his stake in the company. Analysts have maintained a positive outlook, with some setting price targets of $29.60 and $30.00. However, investors are cautious about XPeng's ability to maintain growth amid intense competition in the Chinese electric vehicle market. The company's strategic initiatives aim to bolster its market position, but the stock's decline suggests investors are weighing growth prospects against potential risks.
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