XPeng: Serious Margin Gains (Rating Upgrade)

XPeng Inc. (NYSE: XPEV ) reported better-than-expected earnings for its second quarter this week due to growing momentum for its low-cost Mona brand and new EV product launches. XPeng is seeing massive delivery growth as the EV maker delivered 103,181 electric vehiclesAnalyst’s Disclosure:I/we have a beneficial long position in the shares of LI, NIO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...