Reported about 1 year ago
Shares of Chinese EV makers NIO Inc. (NIO), Li Auto (LI), and XPeng Motors (XPEV) are up after reporting strong vehicle delivery numbers this quarter, with each delivering around 96,000-100,000 vehicles, up 47% year over year. The competition with these overseas auto makers is impacting Tesla's stock, with analysts noting the next six weeks as a potential catalyst for Tesla as it prepares to release its EV delivery figures.
Source: YAHOO