US Stock Market Move | New energy vehicle stocks decline. XPeng, Inc. ADR Sponsored Class A (XPEV.US) drops more than 5.6%.

On Thursday, new energy vehicle stocks fell, as of the time of writing, Li Auto, Inc. Sponsored ADR Class A (LI.US) fell more than 1%, NIO Inc. Sponsored ADR Class A (NIO.US) fell more than 2%, Tesla, Inc. (TSLA.US) fell more than 2.6%, XPeng, Inc. ADR Sponsored Class A (XPEV.US) fell more than 5.6%. The overall U.S. stock market declined, with the Nasdaq falling 0.28%, the S&P 500 index falling 0.16%, and the Dow Jones Industrial Average falling 0.08%.