Out Fox The $treet

  XPeng Inc. reported mixed Q4 2022 results and guidance for 2023. The CEO was very bullish on the traffic around the P7i launch and the potential of the new G6 vehicle. XPEV stock is cheap at 1x '23 sales targets with plenty of catalysts for growth, while the cash balance will limit downside risk if the company fails to hit targets. The Chinese EV manufacturer reported generally  mixed Q4'22 results , but the market is more focused on what  XPeng Inc.  ( NYSE: XPEV ) projected for 2023. The Chinese market has only slowly reopened, in a major disappointment to investors expecting a  quick ramp-up in demand. My  investment thesis  remains ultra-Bullish on the stock trading at the recent lows, while the rebound opportunity remains massive. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

XPeng Inc. got 2023 off to a slow start with weak January deliveries. With the Tesla, Inc. price cut, covid and the Chinese New Year, most Chinese consumers stayed on the sidelines looking for price cuts. The Chinese EV manufacturer predicts a big year ahead due to the new G9 SUV. XPeng stock is cheap, trading at only 1x '23 sales targets. The Chinese electric vehicle ("EV") market got off to a slow start in January, with  XPeng Inc.  ( NYSE: XPEV ) reporting a major sequential decline in monthly deliveries. The Chinese New Year and  Tesla, Inc.  ( TSLA ) price cuts impacted customer demand in the quarter. My  investment thesis  remains Bullish on a rebound in the Chinese EV sector, as much as on an XPeng gain with the stock still trading close to the lows. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.