The plunge in the shares of Tesla Inc has extended to the fortunes of Chinese EV honchos who saw $10 billion eroded from their wealth.

The electric vehicle industry has been one of the fastest growing industries over the past year, triggering an automotive revolution. However, the industry’s momentum has been supported by optimism regarding its potential rather than its performance.

In this latest edition of "Charged," we look at some analysts' notes, news and activity in the electric vehicle and clean energy space.

Xpeng Inc began rolling out a highly anticipated over the air upgrade with Xpilot 3.0 advanced driver assistance system for its flagship P7 sedan on Tuesday.

Check out today's top analyst calls from around Wall Street on Facebook, Roku, Peloton, Li Auto, Nio and DraftKings.

Xpeng Inc electric vehicle deliveries rose 112% on a year-over-year basis in 2020, the company said Sunday.

Electric vehicle maker Xpeng Inc. reported a strong year-over-year and month-over-month rise in deliveries for November, underlining the strong sales momentum experienced by the industry in general in the hot-and-happening Chinese market.

Tesla Inc and Xpeng Inc both announced strides in expanding their charging infrastructure in China.

Based on the high pivot today, we can calculate out Xpeng electric car maker short target. Using Fibonacci, a 50% retrace would be $48.00. In addition, there is a major support/pivot area there.

Citi analyst Jeff Chung raised the firm's price target on Xpeng to $57.71 from $34.70 and keeps a Buy rating on the shares.

Shares of Xpeng Inc – ADR were advancing Thursday following the release of the Chinese electric vehicle manufacturer's third-quarter results.

One of the best-performing industries of 2020 has been electric vehicles (EV). YTD, the KraneShares Electric Vehicles and Future Mobility ETF (KARS) is up 32.5%, while the S&P 500 has a 6% gain.