XPeng Stock Is Surging After Earnings -- Here's Why
Shares of Chinese electric vehicle (EV) maker XPeng (NYSE: XPEV) were moving higher on Tuesday after the company reported a narrower-than-expected first-quarter loss.
As of 10:30 a.m. ET, XPeng's American depositary shares (ADS) were up about 11.4% from Monday's closing price.
XPeng said last week that it will begin selling two models, including the G9 electric SUV, in France. Image source: XPeng Motors.
Source Fool.com
