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Li Auto Stock Slides over 8% After Slashing Q1 Delivery Target

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Li Auto’s U.S.-listed shares fell over 8% in morning trading.Xiang Li, chairman and CEO of Li Auto, acknowledged operational challenges with Li MEGA and outlined plans to recalibrate the strategy, focusing on core use","content":"<html><head></head><body><p>Li Auto on Thursday revised down its delivery outlook for 1Q24, citing lower-than-expected order intake.</p><p>The electric vehicle manufacturer now anticipates delivering between 76,000 and 78,000 vehicles, a significant reduction from the initial estimate of 100,000 to 103,000 vehicles. Li Auto’s U.S.-listed shares fell over 8% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5d19bf8a7e941bd3816ea9c84eba13c9\" tg-width=\"804\" tg-height=\"627\"/></p><p style=\"text-align: left;\">Xiang Li, chairman and CEO of Li Auto, acknowledged operational challenges with Li MEGA and outlined plans to recalibrate the strategy, focusing on core user groups and cities with stronger purchasing power.</p><p style=\"text-align: left;\">“We put excessive emphasis on sales volume and competition, distracting us from what we excel at—creating value for our users and driving operating efficiency. We will lower our delivery expectations and restore sustainable growth by refocusing on enhancing user value instead of competition while maintaining operating efficiency,” commented Xiang Li, chairman and chief executive officer of Li Auto.</p><p>Earlier this month, LI announced that it delivered 20,251 vehicles in February 2024, representing a 35% decrease from January.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto Stock Slides over 8% After Slashing Q1 Delivery Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto Stock Slides over 8% After Slashing Q1 Delivery Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-21 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4081915-li-auto-stock-slides-7-after-slashing-q1-delivery-target><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Li Auto on Thursday revised down its delivery outlook for 1Q24, citing lower-than-expected order intake.The electric vehicle manufacturer now anticipates delivering between 76,000 and 78,000 vehicles,...</p>\n\n<a href=\"https://seekingalpha.com/news/4081915-li-auto-stock-slides-7-after-slashing-q1-delivery-target\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4563":"昨日强势股","BK4588":"碎股","LI":"理想汽车","BK4526":"热门中概股","BK4555":"新能源车","02015":"理想汽车-W","BK4551":"寇图资本持仓","BK4099":"汽车制造商","BK4503":"景林资产持仓","BK4548":"巴美列捷福持仓"},"source_url":"https://seekingalpha.com/news/4081915-li-auto-stock-slides-7-after-slashing-q1-delivery-target","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2421060781","content_text":"Li Auto on Thursday revised down its delivery outlook for 1Q24, citing lower-than-expected order intake.The electric vehicle manufacturer now anticipates delivering between 76,000 and 78,000 vehicles, a significant reduction from the initial estimate of 100,000 to 103,000 vehicles. 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We will lower our delivery expectations and restore sustainable growth by refocusing on enhancing user value instead of competition while maintaining operating efficiency,” commented Xiang Li, chairman and chief executive officer of Li Auto.Earlier this month, LI announced that it delivered 20,251 vehicles in February 2024, representing a 35% decrease from January.","news_type":1},"isVote":1,"tweetType":1,"viewCount":661,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":32,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/286686690058512"}