Li Auto (LI) An E.V. Maker Keeping Pace With Tesla (TSLA)

Li Auto (LI) is keeping pace with Tesla (TSLA). George Tsilis joins Alex Coffey and Jenny Horne to discuss LI. He talks about LI's earnings which were released today, May 10th. Its adjusted EPS came in at $0.20 versus an estimated $0.11 and its revenue came in at $2.74B versus an estimated $2.70B. The stock is up over 39% year-to-date. He notes that the stock really reflects its fundamentals. He goes over how LI is growing impeccably well as it sees 2Q revenue at $3.53B-$3.77B. He also compares LI to Rivian (RIVN). Tune in to find out more about the stock market today.