Reported 8 months ago
Nikola (NASDAQ: NKLA) disappointed investors with missed delivery estimates, controversies, and losses, making Li Auto (NASDAQ: LI) a more appealing option. Li Auto's successful delivery of EVs like the Li Mega minivan, increasing sales, and profitability in 2023 showcase a bright future. Despite low valuations due to U.S.-China tensions affecting Chinese stocks, analysts predict revenue growth and rising EPS for Li Auto in 2025, making it an attractive investment choice compared to Nikola.
Source: YAHOO