$XPeng Inc.(XPEV)$ Li Auto $Li

Li Auto $Li Auto(LI)$ sold 110K cars in the first 4 mont of this year,and the SP went down 20%, Xpev sold 31K cars in the same period, that”s 79K cars less and the SP is up. For EACH car they sold last quarter they lost almost 10K dollars, and the cars sales average price is 26K. They lost 200 million dollars on sales of 21.8K cars. No reason to be up in such a bad quarter.

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JoBloor
05-23
JoBloor
Interesting observation.

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