Investors should be pleased with third-quarter numbers from Chinese electric vehicle maker Li Auto. The stock was rising more than 6% in premarket trading and there isn’t much to complain about from Monday’s results.
Li Auto (ticker: LI) reported adjusted earnings of 5 cents a share from $1.21 billion in sales. Wall Street was looking for a 3-cent loss from $1.13 billion in sales. At this point, earnings are less important that sales for Li. The company is still growing rapidly. Sales in the third quarter rose more than 209%…
