Hidden Opportunities in Li Auto's Tough Quarter You Can't Miss
LI AUTO(LI) MarketBeat·2024-09-02 19:00
Just months ago, Chinese electric vehicle (EV) manufacturer Li Auto Inc. NASDAQ: LI stood out among competitors like Xpeng Inc. NYSE: XPEV and Nio Inc. NYSE: NIO as a rare profitable maker of new energy vehicles with a stock price that reflected its dominance at over $46 per share in late February. Its leadership in the premium SUV space and focus on production and marketing efficiency with a small number of models contributed to the longevity of Li's share price success, even as rival EV maker stocks floun ...