cutieee
2023-06-01

$XPeng Inc.(XPEV)$ Q1 2022 : RMB 7,455 in revenues, 12.2% gross margin.

Q1 2023 : RMB 4,030 in revenues (down 46% YOY), 1.7% gross margin (down 86% YOY).

The effect of Tesla price cuts in numbers. Wow. Just wow.

This company is done for. Like 99%. What a nosedive YOY. And 2022 was the year of chip shortage and supply chain issues!

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