Xpeng Shares Jump 13% on Q1 Stronger Sales and Guidance, Breakeven Expected in Q4
Xpeng CEO said the strong product cycle, global expansion and accelerated adoption of physical AI tech will fuel strong and sustainable growth for the company. Xpeng planned to mass produce the Turing chip and start vehicle integration in Q2. It aims to launch a mass-production–ready humanoid robot by 2026.
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Tesla said uncertainty in the auto and energy markets continues to increase due to impacts of rapidly evolving trade policy on the global supply chain and cost structure, and "this dynamic, along with changing political sentiment, could have a meaningful impact on demand for our products in the near-term."
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Musk called the report about his stepping back as the head of DOGE in the coming weeks "fake news". Wedbush analyst said Tesla Q1 deliveries were a disaster on every metric, which marked a fork in the road moment for Tesla.
Apr. 3, 2025BYD Q1 Sales Top 1 Million Vehicles as Xpeng Quarterly Delivery Quadruples to New Record
For March alone, Leapmotor overtook Li Auto as the best selling emerging home-grown Chinese NEV startup with deliveries of 37,095 units, up 154.65% from a year ago.
Apr. 2, 2025