Despite 2024 being marked by insider sales from notable S&P 500 companies, with electric vehicle (EV) makers not being an exception, XPeng (NYSE: XPEV) CEO recently bought $13.2 million of XPEV shares.
Xpeng's recent performance has left investors questioning whether a turnaround is still possible. As the company faces mounting challenges on multiple fronts, investor hopes seem to be fading.
XPeng Inc. (NYSE:XPEV ) Q2 2024 Earnings Conference Call August 20, 2024 8:00 AM ET Company Participants Alex Xie - Head of Investor Relations Xiaopeng He - Co-Founder, Chairman and Chief Executive Officer James Wu - Vice President of Finance and Accounting Brian Gu - Vice Chairman and President Conference Call Participants Tim Hsiao - Morgan Stanley Ming Hsun Lee - Bank of America Bin Wang - D...
American depositary receipts (ADRs) of XPeng (XPEV) dropped Tuesday after the Chinese electric vehicle (EV) maker reported weaker-than-expected revenue, although it had a smaller-than-anticipated loss as it benefited from a deal with Volkswagen.
GUANGZHOU, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, will officially launch the MONA M03, its intelligent all-electric hatchback coupe, at the Company's 10th Anniversary Gala Night on Tuesday, August 27, 2024. Live Broadcast from China - English Replay Available The li...
Chinese firm XPeng , forecast third-quarter revenue below analysts' expectations and missed June-quarter sales estimates on Tuesday, hurt by stiff competition and a drop in demand for its aging line-up of pricey electric vehicles.
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB37.33 billion (US$5.14 billion) as of June 30, 2024 Quarterly total revenues were RMB8.11 billion, a 60.2% increase over the same period of 2023 Quarterly gross margin was 14.0%, an increase of 17.9 percentage points over the same period of 2023 GUANGZHOU, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- XPeng ...
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