XPeng stock dives after widerthanexpected loss downbeat outlook

XPeng stock dives after widerthanexpected loss downbeat outlook

The U.S.-listed shares of XPeng Inc. dropped Wednesday after the China-based electric vehicle maker reported first-quarter results that missed expectations and provided a downbeat revenue outlook, as deliveries dropped by nearly 50%. The disappointing results , including Nio Inc. and Tesla Inc. XPeng reported net losses for the quarter to…Read More

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