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Barchart
Barchart
Edited by Elizabeth Volk

What’s Behind the 14% Surge in Li Auto Stock This Week?

Li Auto Li European Union China

All eyes were on mega-cap EV giant Tesla (TSLA) and its Q3 earnings report this week, but Chinese startup Li Auto (LI) broke out to its own very respectable 5-day gain of 14%. With a market cap of about $29 billion, LI stock is still down more than 20% on a YTD basis, but has now rallied more than 65% from its 2024 low of $17.44, set as recently as late August.

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