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Xpeng Inc (XPEV)

NYSE
Currency in USD
Disclaimer
7.08
0.00(0.00%)
Closed
After Hours
7.14+0.06(+0.85%)

XPEV Comments

Go onto Fintel, you can see the short shares availability decreasing gradually. Seems somewhere around 100.000 shares each hour from the information given. It's no doubt this is a stock targeted by hedgefunds, with the positive earnings surprise and bullish open off the nasdaq this would have gone up. Still though can't deny it's overpriced, but what tech/EV stock isn't?
Agree, post a link please?
https : // fintel . io / ss / us / xpevStill 1.400.000 available short shares, so could see some more dumping. In the long term though I see xpeng as one of few EV manufacturers that will actually survive. People forget they are one of the biggest EV manufacturers in China with an impressive growth in sales and significantly reduced losses. Also can't forget theyre backed by Alibaba and the government. Might be overpriced, but seeing the growth they've managed in a relatively short amount of time and projecting future cash flows I'm not so sure.
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