Chinese electric vehicle maker XPeng has announced its third-quarter earnings, surpassing Wall Street expectations. Despite this positive news, the company's stock experienced a weak start to trading. Strong Financial Performance XPeng reported an adjusted loss of $380 million from sales amounting to $1.2 billion for the quarter. This result exceeded predictions, as analysts … [Read more...] about XPeng Reports Better-Than-Expected Q3 Earnings
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Fisker Stock Ends Year on a High Note
Fisker, the electric vehicle start-up, has exceeded expectations by producing 10,142 all-electric Ocean SUVs in 2023. This figure surpasses the revised forecast of 10,000 units that was given in December. However, it should be noted that throughout the year, the production estimates have continually decreased. Initially, in May, management anticipated an output of 32,000 to … [Read more...] about Fisker Stock Ends Year on a High Note
