Morgan Stanley Comments on Li Auto (LI) Q1 Volume Guidance
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Li Auto (LI) cuts vehicle delivery guidance for Q1, shares slide
March 21, 2024 5:04 AM EDTShares of Li Auto (NASDAQ: LI) fell more than 7% in U.S. premarket trading Thursday after the carmaker reduced its vehicle deliveries guidance for the fiscal Q1.
Citing lower-than-expected order intake, the company now expects to deliver between 76,000 and 78,000 vehicles in the first quarter, a decrease from its... More
