Li Auto Shares Fell On Missing Q2 Estimates
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Li Auto (NASDAQ:LI): Q2 Non-GAAP EPADS of $0.19 misses by $0.05. Revenue of $4.2B (-4.5% Y/Y) misses by $250M.
Li Auto shares fell 5% in premarket.

Q3 outlook: Total revenues to be between RMB24.8 billion (US$3.5 billion) and RMB26.2 billion (US$3.7 billion), representing a year-over-year decrease of 42.1% to 38.8%.
Deliveries of vehicles to be between 90,000 and 95,000 vehicles, representing a year-over-year decrease of 41.1% to 37.8%.
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