XPeng Stock Jumps. Earnings and Guidance Top Wall Street Estimates. - Barron's
1. XPEV reported a smaller-than-expected loss and increased revenue significantly. 2. Gross profit margins improved, reflecting effective cost reduction strategies. 3. Second-quarter delivery projections show year-over-year increases of 238% to 258%. 4. XPEV's U.S. ADRs have risen 67% this year amidst strong sales growth. 5. Company has $6.2 billion cash, aiming for positive cash flow by 2026.