XPENG-W's stock fell 5.00% during intraday trading on Monday, reflecting significant negative sentiment among investors.

The decline follows multiple negative developments for the company. A core executive, Shi Xiaoxin, Senior Director of Robot Product Planning, formally resigned in early June. His departure, which comes at a critical time as the company's IRON humanoid robot targets year-end mass production, has raised market concerns about potential delays to this key project.

Furthermore, the company's recent first-quarter financial results showed a sharp deterioration. XPENG swung from a profit to a net loss of RMB 1.78 billion, with revenue falling 17.6% year-over-year and vehicle deliveries dropping 33.3%. A significant 46.8% surge in R&D spending further compressed margins. Following the earnings release, several financial institutions, including JPMorgan and CMB International, cut their target prices for the stock.