The Latest Breaking News from Li

Stocks roared higher Tuesday. Elon Musk plans Tesla job cuts, with TSLA stock soared. Kellogg will split into 3 companies.

PHILADELPHIA — Heaps of bricks, twisted metal and splintered wood spilled across West Indiana Avenue and Third Street in Fairhill on Sunday morning, the battered sign for Star Pizza & Seafood jutting from the rubble.

Reuters Redbird Capital Buys Italian Football Club AC Milan

Byd joined China EV peers Nio, Xpeng and Li Auto in reporting strong May sales as Covid lockdowns eased. Nio stock and others rose Thursday.

Shares of U.S.-listed Chinese firms traded higher in Hong Kong on Tuesday morning, with electric vehicle makers leading gains, while tech majors such as Alibaba Group Holding Ltd (NYSE: BABA) and JD.com Inc (NASDAQ: 

Shares of U.S.-listed Chinese electric automakers Nio Inc.

Rivian badly missed Q1 views, but RIVN stock rose late on production guidance. Tesla rival Li Auto gave weak deliveries guidance Monday.

The electric vehicle (EV) industry is well-positioned to register solid growth over the long run because countries are increasingly focusing on sustainable transportation to reduce carbon emissions. China is the largest producer of EVs and has the largest EV market globally. Therefore, many Chinese EV companies should grow handsomely with…

Electric vehicle and allied sector stocks extended their losses in the week ending May 6, caught in the vortex of the broader market sell-off seen in the final two sessions of the week. Chinese EV stocks led the week's retreat amid fears that they could be potentially delisted from U.S. exchanges.