XPeng Outperforms Sales Projections, Sparks Stock Surge

Tuesday, 21 May 2024, 11:24

XPeng's stock experienced a significant surge following the release of first-quarter results that surpassed expectations by a substantial margin. The company's impressive performance was driven by increased deliveries and effective cost-cutting measures, establishing its position as a strong player in the EV market.

https://store.livarava.com/34364723-1765-11ef-a6c6-63e1980711b2.png — XPeng Outperforms Sales Projections, Sparks Stock Surge

XPeng’s stock leaps after EV maker’s sales beat by widest margin in 2 years

XPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.

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