Li Auto Gains Ground🚀 While TSLA, NIO, XPEV Fades In Comparison
@LMSunshine:
$Li Auto(LI)$ reported its Q1 2023 earnings on 10/5 (Wed): ⭐️ Analysts polled by FactSet expected LI to report earnings of 5 cents per share, down 25.5% from 7 cents a year ago. Revenue was seen rising 92% to $2.731 billion. However, LI reported earnings of 20 cents a share on revenue of $2.74 billion. In local currency terms, LI’s earnings nearly tripled, year over year, and revenue nearly doubled🥳🥳🥳🐂🐂🐂🐂 ⭐️ Q1 sales came in at 52,584 EVS easily outpacing NIO’s sales, though at the lower end of its own forecast for 52,000-55,000 vehicles 🕵🏻♀️🕵🏻♂️Outlook: ⭐️ For Q2, LI expects to deliver 76,000-81,000 EVs, up sharply from a year ago🥳 ⭐️ It has already reported a record 25,681 deliveries for April🥳 🐂🐂🐂 The startup see