Premium Or Mid-Range? Struggling XPeng Stuck In Identity Crisis

Seeking Alpha2022-12-14

SummaryXPeng’s sales rose just 19% in the third quarter to 6.82 billion yuan, but its loss ballooned by a much larger 49% to 2.38 billion yuan.The company shocked markets earlier this month when it ...

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Comments

  • Guavaxf30
    2022-12-19
    Guavaxf30
    XPeng has a lot of room to correct down. I confess I am negative and have taken a shortposition.
  • Moonshot
    2022-12-14
    Moonshot
    Their cars are really not impressive and it look very dated. You can check it out at their website. [Onlooker] 
  • Guavaxf30
    2022-12-14
    Guavaxf30
    The China EV market is huge.  But it is also one where there are many participants carving out a pie of it.  Amongst the newer "Growth" EV's (Li, Nio, Xpeng), Xpeng is showing the worst results. So bad that even their founding CEO resigned. Best to park your investment elsewhere for now. Not all EV's will survive this round.
  • Vincentan59
    2022-12-14
    Vincentan59
    [Facepalm] [Facepalm] [Facepalm] 
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