Li Auto (LI) Stock Falls Post Disappointing Earnings

<p>Li Auto (LI) stock price is down over 100% so far today after their earnings report was released. Li Auto (LI) EPS came in at -$0.18 and revenue came in at $1.31B, missing the estimates. However, the EV maker said that they expect to deliver 45K to 48K automobiles in the fourth quarter. That would be a jump of 28% to 36% from Q4 2021. Caroline Woods weighs in on the earnings call as Li Auto (LI) touched on the path to profitability.</p>