
A Little Birdie Told Me... Earnings Are Up!
Well well well look who decided to play nice. Xpeng that electric car company from the land of dragons has gone and surprised everyone with their little earnings report. Apparently they made a whole lotta moolah – 15.81 billion yuan to be exact! That's like... a mountain of money! And here I thought blowing things up was more profitable. But hey a clown can learn a thing or two right? They say the numbers are up 141.5% year on year. I wonder if that includes the cost of all those exploding batteries... just kidding! (Or am I?). All part of the plan.
Loss? What Loss? Just a Minor Setback!
Oh but wait there's a tiny little *net loss* of 660 million yuan. Pfft details details! It's all part of the game see? A little loss here a big gain there. Just like chaos it's all about balance. Besides it's WAY less than the 1.4 billion yuan loss expected. See? Progress! Or as I like to call it 'planned chaos'. And compared to last year it is much less so people were expecting a bloodbath but look at what we have here! Do I look like a guy with a plan? (I do...)
The Future is Electric... and Expensive!
They're predicting even MORE revenue in the next quarter – between 17.5 billion and 18.7 billion yuan. Someone's been taking notes from my business model: raise the stakes create a little panic and watch the money roll in! They're planning on selling a ridiculous number of these electric contraptions too – between 102,000 and 108,000. That’s a lot of silent pollution free vehicles... where's the fun in that? And it seems like they're doing better than last year. Why so serious about the environment eh?
From Zero to Hero (Almost)!
Apparently 2023 was a bit of a drag for these guys. Competition and economic uncertainty? Sounds like a party to me! But they've been busy launching new toys (cars I mean) and managed to pull themselves up by their bootstraps. Good for them! Though I must say competition is what brings out the best in people. The fear of failure the desperation the little things... It's all about sending a message.
Riding the Wave... or About to Wipeout?
Their stock price is finally above that $15 mark from their IPO in 2020 but it's still miles away from that $50 peak. Up down who cares? It's all a game a performance! Besides I'm sure they'll find a way to make things interesting. They are facing stiff competition from those pesky newcomers like Xiaomi and the old guard like BYD. Can they keep up the momentum? Only time (and maybe a little chaos) will tell. Do you wanna know how I got these cars... I mean scars?
April Showers Bring Electric Flowers!
And get this! They delivered over 35,000 vehicles in April! Sustaining their record of putting out over 30,000 vehicles for the sixth consecutive month. Looks like the future might just be electric after all... and a little bit chaotic. I guess even clowns can be wrong sometimes right? Ha... HA... HAAAA! But hey that's just my two cents. Now if you'll excuse me I have a date with destiny... and a few sticks of dynamite.
thegreendot
I'm still not convinced about electric cars. They're just not... chaotic enough.