Li Auto Blows a Tire on EPS Miss and Lowered Guidance. Buy Opp?

Key PointsChinese automaker Li Auto manufactures extended-range electric vehicles (EREVs) that operate on electricity and also have gas engines to charge the battery when needed.Li Auto is a profitable EV company because it makes hybrid EVs that appeal to a wider audience and relieve range anxiety fears.Li Auto missed Q1 2024 EPS and revenue guidance, but revenues still surged 36.4% YOY.5 stocks we like better than Li AutoChinese electric vehicle (EV) automaker Li Auto Inc. NASDAQ: LI reported a surprise to ...