Saturday, December 21, 2024
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Xpeng Shares Slide 5% Following Weak Q1 2023 Outing & Q2 Deliveries Forecast 

China’s Xpeng shares were trading lower in US pre-trade after the EV company forecast significantly lower vehicle deliveries for Q2.  The shares of Chinese electric vehicle (EV) giant XPeng Motors (NYSE: XPEV) slid 5% following missed Q1 earnings and a gloomy delivery forecast. Xpeng shares sank in US pre-market trade after the company reported a 50%

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