Xpeng Company Future.
$XPeng(XPEV.US$ $NIO Inc(NIO.US$ $Tesla(TSLA.US$ $Li Auto(LI.US$ $BYD Company Limited(002594.SZ$ Lets talk about the car and company than the stock.
If months ago, I would think Xpeng is just a Tesla copy. Which is true, it is producing cars that looks like Tesla but cheaper. Quality wise not as good as tesla. The only quality innovative car company I find is Nio.
But these couple months I starting to change my view. Xpeng's G9, autonomous driving, fast charging 200km in 5 mins. Basically you can charge your days load in less than 15 mins the same like a normal petrol refuel. And they are building fast charger everywhere. I think Xpeng is slowly shaking off it's old "Tesla copy" name and start being truly an innovation company.
Last week see, the stocks of Xpeng seems to show the sign of bottoming with few attempts at green. Maybe the investors are also confidence in Xpeng G9.
Even the chairman of Xpeng buyback shares from ADR and not from Hong Kong SE. Shows the confidence in audit next month.
If I buy a sedan, I would buy Nio. If a buy a SUV, I think G9 is the best out there at the moment.
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Silverbat : G9 is a single motor rear driven SUV, heavy and slow. Probably it will not change Xpeng’s dim future.
JoejjOP Silverbat: Its an EV.... how many motors do you need? A combust engine also only have 1 engine.
Its a SUV, how fast do you need it go? People who buy SUV are driving families.
If Xpeng CEO is buying Xpeng stock now, I think maybe he knows something you don't like maybe G9 had a successful launch.
MonkeyGee : you know 30% of Tesla is designed in China right?