TopgOptions

LI Auto reduced delivery outlook for Q3

Short
NASDAQ:LI   Li Auto Inc.
LI Auto announced a reduced outlook on its vehicle delivery volumes for Q3.
The previous guidance from Li had deliveries of 25,000 to 26,000 for the third quarter, but it now expects 24,500.

My price traget is the 22.8usd support.

I expect a correction in other Chinese EV stocks too.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.