Xpeng shares dip premarket after Chinese EV maker’s Q2 loss is wider than expected

Xpeng Inc. shares XPEV, -1.13% fell 2% in premarket trade Tuesday, after the Chinese electric vehicle company . Xpeng posted a loss of RMB778.1 million ($116.2 million) for the quarter to June 30, narrower than the loss of RMB1.619 billion posted in the year-earlier period. Excluding non-recurring losses, the EV maker had a loss of … Read more

Stock Futures Rise After S&P 500 Narrowly Avoids Closing in Bear Market

Text size Commuters exit from the Wall Street subway station in New York. Amir Hamja/Bloomberg Stock futures were signaling a higher start for Wall Street on Monday after the S&P 500 rallied on Friday to avoid closing in a bear market. Contracts linked to the Dow Jones Industrial Average gained 144 points, or 0.4%, S&P … Read more

Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle makers NIO , XPeng and Li Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives Tesla investors something else to worry … Read more

Nio Deliveries Fell Last Month. What That Means for Tesla Stock.

Text size Deliveries for XPeng, Li, and NIO combined were down in January, snapping a two-month streak of gains. Hector Retamal/AFP via Getty Images Electric-vehicle deliveries at NIO , XPeng , and Li Auto all dipped in January from a record December, snapping recent sales momentum. After a rush to beat incentive cuts, Chinese buyers … Read more