XPEV News and Press, XPeng Inc. American depositary shares each representing two Class A From 03/01/23

Summary After strong electric vehicle (EV) sales in 2022, the Chinese car market is facing a setback in growth in 2023. But this doesn't mean an end to the green transition. We expect the number of zero-emission cars to surpass conventional internal combustion engine cars by 2030. O...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nearly three months after the launch of OpenAI’s ChatGPT, investors remain hyper-focused on artificial intelligence ( AI ). There’s plenty of reason to be. Major companies are working around the clock to perfe...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Postmodern Studio / Shutterstock.com Viatris (NASDAQ: VTRS ) stock is in the news Monday after the healthcare company announced Scott Smith as its next CEO . This will see Smith take over as the next CEO ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of XPeng (NYSE: XPEV ) stock opened in the green following news that the Chinese electric vehicle (EV) company will be added to the Hang Seng TECH Index on March 7. The index consists of the 30 largest technolo...

Xpeng ( NYSE: XPEV ) stock surged on Monday after the Hang Seng TECH Index announced that the automaker will join the index. Following a periodic index review, Xpeng ( XPEV ) will join the tech heavy index, according to the company. The automaker indicated the change is du...

Summary Tesla had a record-breaking 2022. Its revenue grew 51% year-on-year to $81.4 billion in 2022. Tesla’s operating margins have risen well above that of its competitors. The company is able to consistently reduce its per-unit cost of sales and operating expenses over time. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Let’s face it – there are some stocks to sell that just have no hope left. Hope is a great thing. If it wasn’t for hope there wouldn’t be any such thing as investing. Putting your hard-earned money...

Summary Institutional investors bought as much as 5.3% of Tesla, Inc.'s total shares outstanding in the last 13F reporting cycle. These investors were bearish on the auto manufacturing industry in general, which makes their purchases in Tesla all the more prominent. There are multip...

- Earnings Call Scheduled for 8:00 a.m. ET on March 17 , 2023 - XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that it will report ...

Summary EV sales growth is returning to normal. The EV demand slump is forcing some EV companies, like Tesla, to lower their electric-vehicle prices. This could lead to growing margin pressure and other Chinese EV companies, like NIO, may be forced to follow Tesla’s lead. ...