{"id":79273,"date":"2023-11-01T06:51:40","date_gmt":"2023-11-01T10:51:40","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/nio-xpeng-and-li-auto-deliveries-set-a-record-tesla-investors-are-relieved\/"},"modified":"2023-11-01T06:51:45","modified_gmt":"2023-11-01T10:51:45","slug":"nio-xpeng-and-li-auto-deliveries-set-a-record-tesla-investors-are-relieved","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=79273","title":{"rendered":"NIO, XPeng, and Li Auto Deliveries Set a Record. Tesla Investors Are Relieved."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000787556\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Monthly delivery results from Chinese electric-vehicle makers<br \/>\n        NIO<span>,<\/span><\/p>\n<p>        XPeng<span>,<\/span><br \/>\n       and<br \/>\n        Li Auto<br \/>\n       looked great. That\u2019s a relief for<br \/>\n        Tesla<br \/>\n       investors. <\/p>\n<p>\n        NIO<br \/>\n       (ticker: NIO) reported deliveries of 16,074 vehicles in October, up from 10,059 units delivered in October 2022. In September, NIO delivered 15,461 units.<br \/>\n        XPeng<br \/>\n       (XPEV) delivered 20,002 vehicles, a monthly record, up from 5,101 units delivered in October 2022. In September, XPeng delivered 15,310 units.<br \/>\n        Li Auto<br \/>\n       (LI) delivered 40,422 vehicles, cracking the 40,000 level for the first time, up from 10,052 units delivered in October 2022. In September, Li delivered 36,060 units. <\/p>\n<div class=\"paywall\">\n<p>Combined, the three delivered 76,498 vehicles, a record total for a month and up from 25,212 delivered in October 2022. In September, the number was 66,831. <\/p>\n<p>Investors wanted to see growth. They have been feeling nervous about EV demand for several reasons. <\/p>\n<p>Most recently, auto chip supplier<br \/>\n        ON Semiconductor<br \/>\n       (ON) said that fourth-quarter sales should come in at about $2 billion. Wall Street was looking for about $2.2 billion. Shares, as a result, have declined 25% for the week.<\/p>\n<p>ON Semi\u2019s weak guidance followed after warnings from<br \/>\n        Volkswagen<br \/>\n       (VOW.Germany),<br \/>\n        Mercedes-Benz<br \/>\n       (MBG.Germany),<br \/>\n        Ford Motor<br \/>\n       (F), and<br \/>\n        General Motors<br \/>\n       (GM) about weaker-than-expected EV demand. <\/p>\n<p>All that has weighed on shares of EV producers. Coming into Wednesday,<br \/>\n        Tesla<br \/>\n       (TSLA) stock has fallen 3% for the week. Shares have declined 17% since Tesla reported disappointing third-quarter numbers on Oct. 18. <\/p>\n<p>U.S.-listed shares of NIO were up 0.7% early Wednesday. XPeng and Li shares rose 4.1% and 1.5%, respectively.<br \/>\n        S&amp;P 500<br \/>\n       and<br \/>\n        Nasdaq Composite<br \/>\n       futures were both down 0.4%. Tesla stock was up 0.7% in premarket trading. <\/p>\n<p>Coming into Wednesday\u2019s trading, NIO stock has fallen 25% over the past 12 months. XPeng and Li shares have fared much better, up about 125% and 132%, respectively. Tesla stock has declined 11% over the past 12 months. <\/p>\n<p>Write to Al Root at\u00a0allen.root@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/nio-xpeng-li-auto-deliveries-tesla-18056421?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monthly delivery results from Chinese electric-vehicle makers NIO, XPeng, and Li Auto looked great. That\u2019s a relief for Tesla investors. NIO (ticker: NIO) reported deliveries of 16,074 vehicles in October, up from 10,059 units delivered in October 2022. In September, NIO delivered 15,461 units. XPeng (XPEV) delivered 20,002 vehicles, a monthly record, up from 5,101 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":79274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-79273","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NIO, XPeng, and Li Auto Deliveries Set a Record. Tesla Investors Are Relieved. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Monthly delivery results from Chinese electric-vehicle makers NIO, XPeng, and Li Auto looked great. That\u2019s a relief for Tesla investors. NIO (ticker: NIO)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=79273\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIO, XPeng, and Li Auto Deliveries Set a Record. Tesla Investors Are Relieved. | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Monthly delivery results from Chinese electric-vehicle makers NIO, XPeng, and Li Auto looked great. That\u2019s a relief for Tesla investors. 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