/biz/ - Business & Finance

Anonymous Thu Jul 30 12:57:34 2020 No.20837676 [View]
File: 14 KB, 729x456, LI IPO.png [View same] [iqdb] [saucenao] [google]

https://www.marketwatch.com/story/chinese-electric-car-maker-li-auto-prices-ipo-at-1150-above-range-2020-07-30

>Li said it started volume production of its first model, an SUV called Li One, in November 2019, and that it has delivered more than 10,400 Li One vehicles as of June 30. Li said it focuses on SUVs costing between $21,000 and $70,000, seeking to offer customers "unparalleled value for money with the performance, functionality, and cabin-space of a large premium SUV but pricing close to a compact premium SUV," it said.

Actually has products unlike NKLA, is a new IPO - yes it's from China but look at NIO's runup after news hit main street. You guys still have time to get in. But don't forget to take some profits.

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