XPeng Stock: Here’s Why I Don’t Feel The Love That Others Do

XPeng Stock

You can almost feel the love when it comes to Chinese electric vehicle maker XPeng (NASDAQ:XPEV). Investors poured it on yesterday, pushing XPEV stock up 7.34%.

There is a lot to love. Sales for the third quarter, reported in November, were up 52% from the previous quarter, 187% higher than a year earlier. Gross margins tripled and net losses fell 21%.

But do you really want to pay 12 times revenue for a Chinese company?

Find out more about XPEV stock here

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