Li Auto Inc. April 2023 Delivery Update
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Morgan Stanley Stays Overweight Rating on Li Auto (LI) Following Record April Sales, 'successful launch of Li AD Max3.0 should give another boost to sales'
May 1, 2023 8:29 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $30.00 price target on Li Auto (NASDAQ: LI).
The analyst comments "Total deliveries of 25,681 vehicles marked the second consecutive month of 20k+ sales. April deliveries were up 23% MoM and 516% YoY. The sequential increase was driven... More
Li Auto (LI) soars after setting monthly delivery record
May 1, 2023 7:38 AM EDTChinese new energy vehicle maker, Li Auto (NASDAQ: LI) announced Sunday that the company delivered 25,681 vehicles in April 2023, setting another monthly record while exceeding the 20,000 delivery mark for the second consecutive month and representing an increase of 516.3% year over year. The cumulative deliveries of Li Auto vehicles reached 335,599 as of the end of April.
We are pleased... More
