Chinese electric vehicle manufacturer XPeng is set to report its first-quarter 2025 earnings on May 21, having delivered 94,008 vehicles in the quarter, surpassing its guidance range. XPeng is also considering an initial public offering for its flying car division, XPeng Aeroht, either in Hong Kong or the United States. The unit, supported by XPeng and CEO He Xiaopeng, aims to begin mass production in 2026. Urban air mobility is forecasted to become a $1 trillion market by 2040, according to Morgan Stanley. Meanwhile, Tesla's stock has faced downward pressure, trading down 1.66% in pre-market and described as "hanging by a thread" in recent market commentary.