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XPeng stock slips after Q2 record loss, yet its Tesla Model Y rival EV is boosting sales

By electrek.co 08/18/2023 - 20:58 12/05/2023 Electrek

Chinese EV maker XPeng Motors (XPEV) released its second-quarter earnings Friday, showing a rebound in revenue but record losses. Meanwhile, the recently launched XPeng G6, viewed as a Tesla Model Y rival, is already “turbocharging” sales growth. More…