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At earnings this week, several auto execs pulled back on EV targets. Dealers have been warning of slowing EV demand for months. "This is a pretty brutal space," Mercedes-Benz's CFO said this week.

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Li Auto’s robust performance extends to its stock, with a year-to-date return of 92.9%, far surpassing the S&P 500’s 15.7%. The CEO remains optimistic, projecting Q4 deliveries between 125,000 ...

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