$Li Auto(LI)$ Overall EV companies are overvalued. Sometimes with negative cashflow or PE around 100 market cap are equal to Honda, FFord, BMW and other automakers. As example BMW is growing with PE around 5 and dividend 8%. $Li Auto(LI)$ has PE = 126 and no dividend, market cap halfof BMW market cap. That's nonsens how expensive some EV companies are. Definitely long term desaster. Not solid investment. Looking betteer to $BYD Co., Ltd.(BYDDY)$ with 60% growth and only 10 forward PE in a year. Markets are really stupid to ignore real value.
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