$XPeng Inc.(XPEV)$ Pre-orders are just that pre-orders, they need $100 deposit and if they change their mind they get the money back. They played this game before, with G6 and G9 they said they had 35K and later 40K preorders that never happened. They use that and many other tricks to pump the stock and at the end it gives time to insiders to sell shares. Didi, VW, flying cars, G6, G9 were used to pump the price. Today is Mona. We know this month Li Auto sold in 3 weeks 33K cars, Xpev sold 6.8K, and Li Auto sells cars almost 3 times more expensive than Xpev.
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