Xiaopeng Motors was accused of selling a large number of cars to second-hand car dealers and making money from stocks. Xiaopeng said it was a rumor, and the blogger said it violated the right of portrait.

On December 8, a short video blogger recently released a video exposing the sales method of Xiaopeng Motors. The blogger said that Xiaopeng Motors first sold a large number of cars to second-hand car dealers, then registered them, and the second-hand car dealers then sent them to third- and fourth-tier cities or car rental companies. Take the G3 as an example. The landing price seems to be 170,000 yuan, but the price sold by second-hand car dealers is only about 110,000 yuan.

The blogger said that this operation method largely explains why Xiaopeng's operating cost expenditure in the third quarter financial report reached 1.2 billion. In fact, Xiaopeng simply turned the gross profit price of the car sales into a positive one in the report, but included the contract price of the discounted middleman into the operating cost.

The netizen who provided the blogger with the explosive information said that many of his old friends work at Xiaopeng Motors, and now everyone in the company is waiting for the (stock) ban to be lifted. As long as the ban is lifted and the stocks are sold, the money earned will be enough. Even if the company's value is 0 in the end, they will still make money from this entrepreneurial venture.

The blogger said that in addition to some investors' hot money, those who are shorting Xiaopeng Motors also include the "financial backers" behind it. Now the "financial backers" also plan to build their own cars, so Xiaopeng acts like an ATM.

In response, Xiaopeng Motors' official Weibo account said that recently, it was discovered that Douyin short video users have continuously released a large amount of false information and made unfounded speculations and rumors about Xiaopeng Motors' business conditions. This behavior has seriously damaged Xiaopeng Motors' reputation and caused a very bad public opinion impact. In response, Xiaopeng Motors will reserve the right to pursue legal liability against the relevant responsible persons to protect Xiaopeng Motors' legitimate rights and interests.

Some netizens left a message to the video blogger saying that the revelations were illogical. In response, the video blogger said that there were still 90,000 cars.

After Xiaopeng Motors posted the article, the video blogger posted another video in response and posted screenshots of the revelations from many netizens.

The video blogger said that Xiaopeng cars can be bought at a discount on used car websites. This year's new G3 520 has an official price of 169,800 yuan. The starting price for a car with 100 kilometers on a used car website is only 149,800 yuan, and a car with 10,000 or 20,000 kilometers sold to a rental company costs about 110,000 yuan.

The video blogger said, "Pictures speak louder than words. Whether it is a rumor or not can be decided in court, but Xpeng Motors' use of my personal portrait rights has touched the bottom line of law and morality. I will reserve the right to pursue legal action against Xpeng Motors to safeguard my legitimate rights and interests."

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.