From NASDAQ: 2024-05-15 08:17:00

Li Auto’s stock has declined due to disappointing delivery numbers and price cuts, reflecting challenges in the competitive EV market. However, optimism remains for the launch of the Li L6 model and positive company fundamentals. Despite setbacks, Li Auto reported strong revenue and profitability in 2023. The upcoming release of the Li L6 model and improving macroeconomic conditions in China could contribute to a potential comeback for Li Auto. With an upcoming earnings report on May 20 and a favorable valuation, it may be a good time to consider investing in Li Auto for long-term growth potential.



Read more at NASDAQ: Is Now the Time to Buy Li Auto Stock?