Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid. – Barrons

Chinese electric vehicle makers NIO, XPeng and Li Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives Tesla investors something else to worry about.

NIO (ticker: NIO) delivered 5,074 vehicles in April, down from about 10,000 delivered in March and down from about 7,100 delivered in April of 2021.

Looking…

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