XPeng (XPEV) soars higher after reporting 4Q earnings. George Tsilis joins Alex Coffey and Jenny Horne to discuss XPEV. He talks about how the company missed earnings estimates with 4Q revenue coming in at $750M versus an estimated $834.05M. He mentions that the jump in the stock could be due to investors thinking it couldn't get very much worse. He then goes over how XPEV's 4Q vehicle deliveries came in at 22.204 (down 46.8% Y/Y). He then compares XPEV to Tesla (TSLA) and Ford Motor Co. (F). Tune in to find out more about the stock market today.
17 Mar 2023