There are specific reasons to buy and hold XPEV, days like yesterday are just noise and great opportunity to buy.
1) Xpeng has done remarkable progress in revenue growth YoY, deliveries and earnings, every month sells more cars braking recod after record.
2) Xpeng is the only out of three EV companies that owns factories capable of producing own cars.
3) Xpeng is the only company that already achieved level 4 autonomy in their cars.
4) Xpeng is backed by the government, as it happened with NIO in 2018 there is 0% for bankruptcy.
5) China is the biggest car market. Chinese people buy Chinese cars NOT American. Government is funding every EV purchase since they aim to be global leaders in EV.
6) EV adoption is going to be high in the next years. Already some countries announced their EV adoption targets for 2030. Xpeng is already ahead in this game and is ready to get a big market share. Old car companies are like Nokia when smartphones arrived and XPENG a solid 100% EV.
7) XPENG has a double listing in Hong Kong and the stock entered the HK index recently. Neither of the other two EV companies are listed in Hong Kong.
8) XPENG is owned by big institutions and corporations such as Blackrock, Fidelity and Alibaba
9) Analyst rate XPENG strong buy and it gets more price upgrades every month. The average price is 49,93.
10) Xpeng already exports end sell cars in Europe and plans to expand in USA soon.Copy this message and save it for future reference. Next time a dip like yesterday happens, you know what to do. This is a lifetime opportunity and it is still very early for the EV world.$XPeng Inc.(XPEV)$
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