Mkt is forward looking.....Q1 deliveries are ugly. And the analyst is quiet on it.

XPeng Stock Rises on Solid Results. Guidance Is Good for Tesla Too. -- Barrons.com

Shares of Chinese electric-vehicle maker XPeng were rising after the company posted better-than-expected fourth-quarter earnings.The results should be enough to offer some relief for investors worried about recent EV trends. The results also were good enough to boost Tesla stock while the market headed in the other direction.XPeng on Tuesday reported an operating loss of $289 million from sales of just more than $1.8 billion. Wall Street was looking for a loss of $448 million from sales of just under $1.8 billion.The company delivered 60,158 units in the quarter, up from 22,204 in the fourth quarter of 2022. Sales improved but price wars pushed down profit margins. XPeng's fourth-quarter gross profit margin was 6.2%, down 2.5 percentage points year over year.Looking ahead, XPeng expects to deliver between 21,000 and 22.500 vehicles in the first quarter. The company delivered 12,795 vehicles in the first two months of the year, leaving about 9,000 vehicles for March, roughly double Febr
XPeng Stock Rises on Solid Results. Guidance Is Good for Tesla Too. -- Barrons.com

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