U.S. Stock Market Update | New Energy Vehicle Stocks Decline, Tesla Falls Over 1.6%
On Monday, the new energy vehicle stocks fell. As of the time of publication, Li Auto dropped more than 13%, Nio dropped more than 2.4%, Tesla dropped more than 1.6%, and XPeng dropped nearly 1%. In terms of news, Li Auto released its latest quarterly performance. In Q1 2024, the total revenue was 25.6 billion RMB, a year-on-year increase of 36.4%; the net profit was 591 million RMB, a year-on-year decrease of 36.7%; the adjusted net profit was 1.3 billion RMB, a year-on-year decrease of 9.7%; Li Auto expects to deliver between 105,000 and 110,000 vehicles in the second quarter; Li Auto expects revenue in the second quarter to be between 29.9 billion RMB and 31.4 billion RMB
According to the Zhitong Finance APP, on Monday, stocks of new energy vehicles fell. As of the time of publication, Li Auto (LI.US) dropped more than 13%, Nio (NIO.US) dropped more than 2.4%, Tesla (TSLA.US) dropped more than 1.6%, and XPeng (XPEV.US) dropped nearly 1%. In terms of news, Li Auto released its latest quarterly performance, with a total revenue of 25.6 billion yuan in Q1 2024, a year-on-year increase of 36.4%; net profit was 591 million yuan, a year-on-year decrease of 36.7%; adjusted net profit was 1.3 billion yuan, a year-on-year decrease of 9.7%; Li Auto expects to deliver between 105,000 and 110,000 vehicles in the second quarter, with expected revenue of 29.9 billion yuan to 31.4 billion yuan in the second quarter