Xpeng slammed as revenue, deliveries, margins, guidance miss
Xpeng (NYSE: XPEV), a leading Chinese electric vehicle company, published weaker-than-expected results as the number of vehicle deliveries dropped. As a result, the Xpeng stock price dropped by more than 5% in pre-market trading. In a statement, Xpeng said that its total vehicle deliveries in the first quarter came in…
May 24, 2023