Tesla Chinese Rival Lays Off Dozens Of Employees Following Mega MPV Recall, Days Ahead Of Q3 Earnings Call: Report

Benzinga_recent_news11-17

Chinese automaker Li Auto Inc. (NASDAQ:LI) has reportedly laid off multiple employees following a recall of its Mega MPV. The automaker announced accountability measures for employees as a result of ...

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(NASDAQ:LI) has reportedly laid off multiple employees following a recall of its Mega MPV.\nThe automaker announced accountability measures for employees as a result of ...</p>\n\n<a href=\"https://www.benzinga.com/markets/asia/25/11/48893359/tesla-chinese-rival-lays-off-dozens-of-employees-following-mega-mpv-recall-days-ahead-of-q3-earnings-call-report\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Chinese Rival Lays Off Dozens Of Employees Following Mega MPV Recall, Days Ahead Of Q3 Earnings Call: Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Chinese Rival Lays Off Dozens Of Employees Following Mega MPV Recall, Days Ahead Of Q3 Earnings Call: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-17 18:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/asia/25/11/48893359/tesla-chinese-rival-lays-off-dozens-of-employees-following-mega-mpv-recall-days-ahead-of-q3-earnings-call-report><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese automaker Li Auto Inc. (NASDAQ:LI) has reportedly laid off multiple employees following a recall of its Mega MPV.\nThe automaker announced accountability measures for employees as a result of ...</p>\n\n<a href=\"https://www.benzinga.com/markets/asia/25/11/48893359/tesla-chinese-rival-lays-off-dozens-of-employees-following-mega-mpv-recall-days-ahead-of-q3-earnings-call-report\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLL","symbol_name":"2倍做多TSLA ETF-Direxion","start_time":0,"source_url":"https://www.benzinga.com/markets/asia/25/11/48893359/tesla-chinese-rival-lays-off-dozens-of-employees-following-mega-mpv-recall-days-ahead-of-q3-earnings-call-report","article_id":"2584664706","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/17/Moscow--Russia---3-June-2024-Li-Auto-Bra.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/asia/25/11/48893359/tesla-chinese-rival-lays-off-dozens-of-employees-following-mega-mpv-recall-days-ahead-of-q3-earnings-call-report","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2584664706","pubTimestamp":1763376780,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Chinese automaker Li Auto reportedly undertook accountability measures for employees after a recall of its Mega MPV, resulting in layoffs.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TSLL":"2倍做多TSLA ETF-Direxion","MPV":"万通金融"},"translate_title":"特斯拉中国竞争对手在大型MPV召回后解雇了数十名员工，距离第三季度财报发布还有几天看涨期权：报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1.5,"MPV":1.5},"content_text":"Chinese automaker Li Auto Inc. (NASDAQ:LI) has reportedly laid off multiple employees following a recall of its Mega MPV.\nThe automaker announced accountability measures for employees as a result of the recall, Chinese media outlet 21jingi reported on Friday, citing internal memos at the automaker. The measures affect 14 employees, with multiple employees terminated by Li.\nLi Auto didn't immediately respond to Benzinga's request for comment.\nThe measures come following an incident last month during which a Li Mega was engulfed in flames after sparks emerged from the vehicle's chassis. The company issued a recall for over 11,411 units of the vehicle, citing coolant leakage issues.\nThe news comes as the company is days away from reporting its third-quarter earnings, which Li announced would be released on November 26, following which, the company will host a call with investors and analysts.\nLi Auto also announced an exclusive deal with Hesai Technology (NASDAQ:HSAI) as the company’s sole supplier of LiDAR technology, which is a crucial element in Li Auto's advanced driver assistance technology, as well as autonomous driving. The agreement sees Hesai supplying LiDAR tech for all of Li Auto's upcoming models, including the “L” Series, “i” Series, and “MEGA” line.\nThe automaker also shared its October delivery figures, announcing it had delivered over 31,767 vehicles. Li Auto also began its operations in Uzbekistan in October, after it established its overseas HQ in Hong Kong.\nLi scores well on the Value metric, while offering satisfactory Growth, but poor Momentum. For more such insights, sign up for Benzinga Edge Stock Rankings today!\nPrice Action: LI slipped 2.86% to $19.36 during pre-market trading, according to Benzinga Pro data.\nCheck out more of Benzinga’s Future Of Mobility coverage by following this link.\nRead Next:\nImage via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2584664706","isCrawlerRequest":true}