NIO, XPeng, and Li Auto Stocks Rise After Tesla’s Earnings Smash

GENLI.ORG

Shares of Chinese electric-vehicle makers NIO, XPeng and Li Auto were rising Thursday after Tesla’s first-quarter earnings smashed Wall Street expectations.

The earnings beat from EV leader Tesla (ticker: TSLA) also was giving a boost to shares of U.S. startups Rivian Automotive (RIVN) and Lucid Group (LCID.

NIO (NIO) rose 1.1%, XPeng (XPEV)…

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