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XPeng Stock Is Surging After Earnings -- Here's Why

TheMotleyFool

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XPeng Stock Is Surging After Earnings -- Here's Why: https://g.foolcdn.com/editorial/images/778126/xpeng-g9-in-france-may-2024.jpeg

Shares of Chinese electric vehicle (EV) maker XPeng (NYSE: XPEV) were moving higher on Tuesday after the company reported a narrower-than-expected first-quarter loss.

As of 10:30 a.m. ET, XPeng's American depositary shares (ADS) were up about 11.4% from Monday's closing price.

XPeng said last week that it will begin selling two models, including the G9 electric SUV, in France. Image source: XPeng Motors.

Source Fool.com

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