XPEV News and Press, XPeng Inc. American depositary shares each representing two Class A From 12/30/22

Summary Philippe Laffont’s 13F portfolio value increased from $8.26B to $8.61B this quarter. They increased Uber Technologies, Nvidia, and PayPal Holdings while decreasing Tesla, Meta Platforms, Microsoft, and Snowflake. They also dropped Alibaba Group Holding. Their top thre...

Summary NIO reported a disappointing December monthly EV delivery estimate of ~14,763. China has finally pulled away from a zero-Covid policy causing a short-term impact to supply chains and production, leading to a major economic reopening in 2023. The stock held recent lows and is...

Summary NIO adjusted its Q4 delivery outlook ahead of its official release, likely slated on January 1, 2023. It was an astute move to provide clarity after BYD's recent update. China has likely adopted an approach to pass the first wave of infections after reopening quickly. But it cou...

Summary EHang has signed a deal to raise $10 million by issuing new shares to a Qingdao government entity and could raise another $10 million from the same source. EH's new fundraising highlights the dwindling cash as it remains in the red despite progress in commercializing its aerial ...

Summary In a surprise announcement, NIO Inc. lowered its delivery outlook for Q4’22 yesterday, just days after its NIO Day event. The guidance adjustment is the latest setback for the EV company. Negative sentiment overhang and more muted growth prospects in FY 2023 could res...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: shutterstock.com/Nixx Photography Chinese electric vehicle (EV) stocks are a chief concern among investors today as these shares see mixed trading. Investors continue to watch Chinese stocks like a hawk for sign...

XPeng ( NYSE: XPEV ) rallied 10.75% on a strong day overall for electric vehicle stocks. Volume on the day was over 26M shares as the Chinese EV stock put together its third winning session in a row. The big gain came on a risk-on day for the market overall with growth stocks catc...

Summary Some seem to think NIO and XPeng are autonomy leaders. That isn't the case. Autonomy can't save the day, and other factors point to a darkening environment. Apart from the general market attraction towards EV companies (which has faded significantly as of late), I ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of Alibaba’s (NYSE: BABA ) leaders may be giving up on the company. Co-founder and executive vice chairman Joe Tsai revealed that he plans to sell 8% of his stake in the e-commerce giant. One of the driving f...

Summary Tesla and General Motors are two major leaders in a highly competitive market, both offering significant opportunities, while also reporting different risk profiles. Tesla reported massive performance over the past years, while GM is struggling to gain positive momentum and its ...