$XPeng Inc.(XPEV)$ Brutal pric

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$XPeng Inc.(XPEV)$ Brutal price race in China BEV. The bad is the lack of profits, the good is that it is forcing them to compete for lower and lower price points and better quality. It is a pressure cooker that will create gems. Any car company not competing in China is becoming antiquated. BYD and Xpeng are the clear leaders in the whole auto industry in the future. VW bought Xpeng's OLD platform to launch new BEV products. Crazy! Short term likely more selling pressure, long term upside.

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