Li Auto and Tesla have seen significant movements in their stock prices following recent developments. Li Auto reported stronger-than-expected growth, with its shares surging after announcing its first annual profit and a substantial increase in quarterly revenue and profit. The company's revenue grew by 136% year-over-year to $5.88B, a 129.70% increase YoY, and it forecasted softer sales moving forward. Its EPS was $0.30, marking a 130.77% increase YoY, with shares up by over 25%. Meanwhile, Tesla's stock also rose, buoyed by the positive momentum in the electric vehicle (EV) sector and specific company updates. Elon Musk revealed plans to ship the next-generation Tesla Roadster in 2025, a move that has further fueled investor interest. Additionally, AutoZone reported a better-than-expected quarterly profit, driven by a DIY trend among customers maintaining older vehicles amid high prices, which sent its shares to a record high.
⚠️ JUST IN: *ELON MUSK SAYS NEXT-GEN TESLA ROADSTER TO SHIP IN 2025 https://t.co/88AZVmQLt8 👈 $TSLA https://t.co/ROhppMdfnp
Elon Musk is resurrecting plans for the Tesla Roadster, a performance car he’s now looking to deliver at least five years late https://t.co/PXI8552k2b
Tesla Stock Is Rising. Musk Reveals Timings for New Roadster Sports Car. https://t.co/dVap23A1LU
Tesla aims to ship Roadster cars next year, Musk says https://t.co/RfVigXL1VQ https://t.co/F2jyHTtrdK
$TSLA climbing overnight on Apple car news https://t.co/pJTDs9VeAy
AutoZone a record high Tuesday after announcing profit above analysts’ estimates, while outlining its prospects for reversing slowing sales growth https://t.co/mEV1MLVj40
Auto parts retailer AutoZone reported a better-than-expected quarterly profit helped by a DIY trend among customers looking to keep their older cars on the road amid high vehicle prices. https://t.co/B5VfmbDYnQ
Li Auto wins race to become the first of China's major EV startups to turn a profit, sending shares up by over 25%. https://t.co/ykjjpoDMbX
The technology news making headlines in China today includes: - EV-maker Li Auto posts first annual profit - China’s space ambitions grow with big leap in rocket launches - Ant Group outbids Citadel Securities for Credit Suisse China JV https://t.co/hqaJAAxXmy
Tesla’s Stock Rises. Here’s the Latest EV News. https://t.co/xFPLU6XKGt
Li Auto swung to a profit last year after deep discounting to fend off rising competition in the Chinese electric vehicle market spurred better-than-expected sales during the fourth quarter. https://t.co/JLjPcm3FBV
Li Auto shares surge after first annual profit https://t.co/AGWWr9qysp
Li Auto shares soar in Hong Kong after upbeat earnings showed the electric-vehicle maker is showing promise in China’s hyper-competitive market https://t.co/NvvTeuwYYr
The report "is definitely better than expected," KraneShares strategist @ASassine_CFA says on $LI Q4 earnings, adding: They're "really making a big mark in the Chinese EV market." https://t.co/YCIWyFGrQZ
Once the darling of the EV world, the electric truck-maker Rivian is reeling https://t.co/dYr51rwbxv
Li Auto $LI quarterly earnings •Revenue of $5.88B (+129.70% YoY) beats by $398M. •EPS of $0.30 (+130.77% YoY) beats by $0.01. UP 16%
One big loser from EV maker Rivian's stock-market skid last week: Amazon https://t.co/bdbuLVevYb
Amazon lost nearly $1 billion on its Rivian investment last week, as another analyst downgrades EV maker’s stock https://t.co/mDDXqar60L
Li Auto $LI has gained 10% this morning after positing strong topline growth in their Q4, and providing Q1 outlook. Revenue grew 136% YoY. #LiAuto #Stocks https://t.co/oBb9gQeIiX
Rivian Stock Is Rising. Why Another Downgrade Isn’t Hurting the EV’s Shares. https://t.co/Fo6bAtxunR
$LI (+11.2% pre) Li Auto Forecasts Softer Sales After Posting Surge in Quarterly Revenue, Profit - WSJ https://t.co/MCJ5NWhsfT
Tesla Stock Is Rising. Its EV Rivals Gain After Updates. https://t.co/xfemo2PPBg
Li Auto’s Growth Is Better Than Expected and the Stock Soars. That’s Good for Tesla. https://t.co/1AraPmg96O