why is it dropping 10pct today?
$Li Auto(LI.US$ why are you all selling when the other Chinese EVs are green? just because of a rumor that new model is selling less than expected? How is that worth 10%? what am I missing here?
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Cui Nyonya Kueh : due to xpeng.. today fed announcement too. many red..
103054907OP Cui Nyonya Kueh: but Nio and BYD are green. why is li auto who did 9.3k deliveries reporting last week is afraid of xpeng who did 1.8k last week?
Cui Nyonya Kueh 103054907OP: they are not looking good now. due to profit taking .
Hawaii Man : Because all the other EVs were losing and Li was gaining last several days.
bullrider_21 : Stocks always over-react. The other PHEV models are doing well. The BEV model is facing price competition from rivals. Losing some sales to BYD, Xpeng and Huawei Aito.