Li Auto Inc. Announces Unaudited Second Quarter 2022 Financial Results
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Li Auto (LI) Offers $1000 Incentive on Li ONE
August 17, 2022 11:32 AM EDTOn August 15th, during a conference call following Li Auto's (NASDAQ: LI) second quarterly earnings report, an analyst asked if Li Auto was offering an RMB 7,000 ($1,030) discount on insurance purchases for the Li ONE.
Li Auto's management confirmed the offer and said it became official on August 14th.
Li Auto is the latest EV maker to offer incentives after XPeng (NYSE: XPEV) began offering a RMB 15,000 discount for... More
Morgan Stanley’s Tim Hsiao Remains Bullish on Li Auto (LI) and Xpeng (XPEV) into 3Q
August 16, 2022 7:38 AM EDTMorgan Stanley analyst, Tim Hsiao remains bullish on electric vehicle companys Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) with price targets of $53 and $41, respectively.
Li Autos pessimistic 3Q volume guidance suggests to Hsiao that the EV maker expects the companys delivery slump to extend into august. However, with the L9 gaining traction, and a Rmb7k discount on... More
Li Auto (LI) Down 6.5% Pre-Market Following 2Q Results
August 15, 2022 7:17 AM EDTShares of Li Auto Inc. (NASDAQ: LI) are down almost 6.5%% in premarket trading Monday after the company reported 2Q results and offered forward-looking commentary during the earnings call.
The electric vehicle company reported a 2Q adjusted EPS loss of $(0.02), compared an EPS of $0.01 in the year-ago period, while analysts were expecting an... More
