XPeng Inc. (XPEV) Tops Q4 EPS by 1c, Revenue Beats, Offers Guidance

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Tesla's Chinese EV rival XPeng (XPEV) Gains Despite a Lower Q1 Delivery Guide

March 9, 2021 6:22 AM EST

Shares of XPeng (NYSE: XPEV) are trading about 6% higher in the pre-open Tuesday despite the downgraded delivery guidance announced this morning.

XPEV said it expects to deliver around 12,500 vehicles in the first quarter, to fall short of the expected 20,000 - 25,000 Q1... More