Li Auto Deliveries for August Are Awful. That’s Sending Tesla Stock Lower.

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Updated Sept. 1, 2022 5:50 americium ET / Original Sept. 1, 2022 5:33 americium ET

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Demand for electrical vehicles successful China is wavering. That could marque Tesla investors tense connected Thursday.

Deliveries for Chinese EV shaper Li Auto (ticker: LI) declined 52% successful August from a twelvemonth earlier. XPeng’s (XPEV) study was overmuch better. Still, XPeng deliveries dropped 17% from July. Monthly numbers from NIO ( NIO ) look strongest of the three. The institution managed to turn deliveries successful August from the anterior month.

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