Li Auto Says It Wants to Be 'Like Apple and Huawei'
Li Auto says its in-house chips and batteries are about following Apple and Huawei—not replacing Nvidia or CATL.
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Li Auto stock hit a 52-week low after reporting an earnings miss and issuing a weak Q3 revenue outlook, despite beating sales estimates.
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Li Auto says its in-house chips and batteries are about following Apple and Huawei—not replacing Nvidia or CATL.
Read original at benzingaPiper Sandler analyst Alexander Potter maintains Li Auto (NASDAQ:LI) with a Neutral and lowers the price target from $15 to $13.
Read original at benzingaOn Wednesday, Li Auto (NASDAQ:LI) discussed second-quarter financial results during its earnings call. The full transcript is provided below. Benzinga APIs provide real-time access to earnings call transcripts and
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