Why Pony AI Inc. (PONY) Crashed On Monday

Angelica Ballesteros

Mon, Jun 2, 2025, 11:58 PM 1 min read

We recently published a list of These 10 Stocks Already Sank in June. In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other worst performers on Monday.

Pony AI fell by 9.4 percent on Monday to end at $17.45 apiece as investors sold off positions to mitigate risks from the escalating trade tensions anew between the US and China.

Investor sentiment was particularly dampened by renewed fears of Chinese firms’ possible delisting from the US stock exchanges given the ongoing trade tensions.

A software developer typing on a laptop in a modern office environment.

Traders also appeared to have shunned Pony AI Inc.’s (NASDAQ:PONY) recent partnership with Shenzhen Xihu Corp. Ltd. for the deployment of more than 1,000 units of Pony AI’s seventh-generation robotaxis in Shenzhen over the next few years.

Xihu Group will leverage its strength on fleet and asset operations, safety and service guarantees, and benefit economically from the fleet and asset operations while, Pony AI Inc. (NASDAQ:PONY) will focus on AI technology innovations and scalable Robotaxi dispatch and service

Pony AI Inc. (NASDAQ:PONY) is the first company authorized to operate paid fully-driverless robotaxis within Shenzhen’s city centers.

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Disclosure: None. This article is originally published at Insider Monkey.