XPeng Vice Chair: Tesla Price Cuts Not Constraining Sales

The video discusses the company's IPO performance, competition with Tesla and NEO, and achieving profitability through a better product mix and cost reductions. It explores the impact of Tesla's price cuts on the market and the company's valuation and future aspirations, including smartification and autonomous driving. The video concludes with a discussion on operating opportunities and the timeline for achieving profitability.

What was the initial list price of the company's IPO?

• $15

• $20

• $25

• $10

Which newly launched product contributed to the company's first-time gross profit?

• P6 SUV

• P7 Sedan

• P5 Sedan

• P8 Coupe

How did the company manage to reduce production and labor costs?

• By outsourcing production

• Through efficiency gains and economies of scale

• By increasing product prices

• By reducing employee salaries

What effect did Tesla's price reduction have on the market?

• It decreased the demand for EVs

• It had no impact on the market

• It accelerated the switch from gas to smart EVs

• It led to a decline in the company's sales

What is the company's perspective on competition with Tesla?

• They ignore Tesla's presence

• They see it as a threat

• They welcome better products in the market

• They plan to exit the market

What is the company's long-term differentiation strategy?

• Focusing solely on vehicle electrification

• Developing autonomous driving and smart features

• Reducing vehicle prices

• Expanding into traditional automobile markets

What production volume does the company aim to achieve for profitability?

• 50,000 vehicles annually

• 100,000 vehicles annually

• 150,000 vehicles annually

• 200,000 vehicles annually