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Xpeng expects to break even for single quarter sometime in 2025, CEO says
This is the first time Xpeng's management has mentioned a timeline for reaching breakeven.
Xpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business.
He didn't want to listen. Bad management.
$NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ $Li Auto (LI.US)$
This is the first time Xpeng's management has mentioned a timeline for reaching breakeven.
Xpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business.
He didn't want to listen. Bad management.
$NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ $Li Auto (LI.US)$
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$XPeng (XPEV.US)$ Bull trap in action. No major news but soared till USD17+. I felt BYD is still some way behind XPeng and Huawei in ADAS. So likely a knee jerk reaction like DeepSeek. Long term still looks good with breakeven quarter in sight this year.
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$XPeng (XPEV.US)$ XPeng expects to double 2024 deliveries in 2025, estimated at 380,000. i think it is possible is they continue their overseas expansion and new hit models like MONA and P7+.
Xpeng CEO says confident of doubling deliveries in 2025
Xpeng CEO says confident of doubling deliveries in 2025
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