Wall Street’s Diminishing Confidence

Chinese electric vehicle manufacturer Li Auto finds itself navigating turbulent waters as operational challenges mount and Wall Street sentiment turns decidedly negative. The company’s recent performance and strategic redirection have prompted significant concern among investors and analysts alike.

Market experts have issued a series of downgrades reflecting growing apprehension about Li Auto’s prospects. Barclays reduced its price target from $31 to $24, while Macquarie made an even deeper cut from $28 to Read more...