XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.

Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eight times estimated earnings.

Shares of Chinese EV maker

XPeng

(ticker: XPEV) are now one of the most controversial EV stocks, supplanting even

Tesla

(TSLA) on a measure of Street controversy.