Li Auto: Deep Value For EV Investors
LI AUTO(LI) seekingalpha.com·2024-05-29 00:52
Robert Way Li Auto (NASDAQ:LI) delivered a mixed earnings sheet for the first fiscal quarter last week, but the EV company nonetheless saw strong delivery and top line growth. While Li Auto missed top and bottom line estimates, the electric vehicle maker also saw a sequential decline in its vehicle margins, which I believe is the single most important metric for Chinese electric vehicle start-ups right now. Even under consideration of a sequential contraction in vehicle margins, I believe Li Auto still ...