Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%.

The company’s Hong Kong-listed shares have surged 93% from an August low, far outpacing gains in peers from Tesla to fellow Chinese EV maker Nio Inc. Xpeng’s rally has been helped by strong order momentum for its new battery electric vehicle models on the back of competitive pricing and autonomous driving features.

U.S. automaker Tesla's's sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles recorded a 15.