Investor’s Business Daily
Li Auto Pops To High On Robust Sales, But Nio May Have Edge Ahead
Nio, Li Auto, XPeng and BYD reported strong July sales early Tuesday, with all four Tesla China rivals showing momentum. Li Auto stock scored a new high after more than doubling year to date, but its peers fell. Li Auto deliveries surpassed 30,000 for the second straight month, with Li keeping the top spot among startups.