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Tomorrow's Winners: 3 EV Stocks to Buy Before the Market's Massive Rebound
InvestorPlace· 2024-05-07 16:18
EV stocks have become a polarizing topic among investors. Some investors are convinced that EVs are the end-all-be-all of transportation for the future. On the other hand, some are doubtful of the true extent of EVs and still hold short-term sentiments against them. Nonetheless, EVs offer a way for the world to relinquish our reliance on fossil fuels finally. They are also the gateway to the intersection of computers and vehicles. For the EV industry, this often means robo taxis via autonomous driving techn ...
Li Auto Inc. to Report First Quarter 2024 Financial Results on May 20, 2024
Newsfilter· 2024-05-07 08:30
BEIJING, China, May 07, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it will report its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Monday, May 20, 2024. The Company's management will hold an earnings conference call on Monday, May 20, 2024, at 8:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For participants who wi ...
Li Auto Inc. to Report First Quarter 2024 Financial Results on May 20, 2024
GlobeNewsWire· 2024-05-07 08:30
BEIJING, China, May 07, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it will report its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Monday, May 20, 2024. The Company’s management will hold an earnings conference call on Monday, May 20, 2024, at 8:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For participants who wis ...
Why Li Auto Stock Shot Up 4% Today
24/7 Wall Street· 2024-05-06 21:51
Why Li Auto Stock Shot Up 4% Today Bigc Studio / Shutterstock.com With all three of the major market indices gaining ground today, many stocks were seeing green, not least Li Auto (NYSE: LI). The Beijing-based company, which competes with U.S. EV leader Tesla (Nasdaq: TSLA), is benefiting from robust orders for its affordable L6 model, its maiden vehicle priced in the $41,452 area. Investors rewarded the stock with a 4% gain, catapulting Li Auto shares closer to the $30 level. Li Auto stock has been on a ...
Why Li Auto Stock Jumped Monday
The Motley Fool· 2024-05-06 15:46
Demand for electric vehicles in China is still strong for some model types.By all accounts, there's a surplus of electric-vehicle (EV) production in China. This lack of demand could partly be caused by China's sputtering economy. But one new vehicle from Li Auto (LI 4.12%) is showing there's still strong demand for the right EV products.Reports of strong orders for the company's latest vehicle, launched just last month, has Li Auto shares surging Monday morning. Shares jumped as much as 7% and were still tr ...
Li Auto Is Down 30% This Year, What's Happening With The Stock?
Forbes· 2024-05-02 12:30
BEIJING, CHINA - APRIL 25: Li Auto Li L9 is on display during the 2024 Beijing International ... [+] Automotive Exhibition (Auto China 2024) at China International Exhibition Center on April 25, 2024 in Beijing, China. (Photo by Yi Haifei/China News Service/VCG via Getty Images)China News Service via Getty ImagesChinese luxury electric vehicle maker Li Auto stock saw growth slow over April, with deliveries coming in at 25,787 vehicles, up just 0.41% versus last year. The number was also down by about 11% co ...
Li Auto Inc. Sponsored ADR (LI) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-05-01 22:51
In the latest trading session, Li Auto Inc. Sponsored ADR (LI) closed at $26.35, marking a +0.27% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.34%. Elsewhere, the Dow saw an upswing of 0.23%, while the tech-heavy Nasdaq depreciated by 0.33%.Heading into today, shares of the company had lost 15.34% over the past month, lagging the Auto-Tires-Trucks sector's loss of 5.08% and the S&P 500's loss of 4.05% in that time.Market participants will be closely following th ...
Looking for an Alternative to Tesla Stock? Li Auto Offers Big Potential.
The Motley Fool· 2024-05-01 21:38
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 ...
Li Auto Inc. April 2024 Delivery Update
Newsfilter· 2024-05-01 03:00
BEIJING, China, May 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that the Company delivered 25,787 vehicles in April 2024, up 0.4% year over year. The cumulative deliveries of Li Auto vehicles reached 739,551 as of the end of April 2024. "Li L6, our first model priced under RMB300,000, has garnered widespread popularity among young families following its April debut. We will commence large-sc ...
Li Auto Inc. Announces Completion of the Put Right Offer for Its 0.25% Convertible Senior Notes due 2028
Newsfilter· 2024-04-30 10:10
BEIJING, China, April 30, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that it has completed its previously announced put right offer relating to its 0.25% Convertible Senior Notes due 2028 (CUSIP No. 50202M AB8) (the "Notes"). The put right offer expired at 5:00 p.m., New York City time, on Monday, April 29, 2024. Based on the information from Deutsche Bank Trust Company Americas as paying agent ...