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Stock in Chinese electric-automobile maker XPeng used to be rising Tuesday after the firm reported better-than-anticipated third-quarter results. Gross sales and earnings beats, on the opposite hand, weren’t the correct surprise for buyers.

There used to be a contemporary be aware in the firm’s earnings initiate: robotaxis.

XPeng (ticker: XPEV ) shares rose 12.5% to $53.31. The S&P…

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