Looking for an Alternative to Tesla Stock? Li Auto Offers Big Potential.
LI AUTO(LI) The Motley Fool·2024-05-02 05:38
This company in an exciting industry is worth a look.Electric vehicle pioneer Tesla's (NASDAQ: TSLA) rocky first-quarter earnings report has some investors looking for other places to put their money in the EV space. Despite some recent challenges, Li Auto (LI 0.27%) offers a compelling alternative.Li's stock was flying high after great earnings report in February, but then its Mega model tanked and the stock plummeted after the company slashed Q1 2024 delivery guidance.With aggressive internal goals of 8,0 ...