While Li Auto's (LI) net income falls 37% year over year to roughly $82 million in the first quarter, XPeng's (XPEV) bottom line improves as loss narrows 41.4% year over year.
EV makers like Nio, Xpeng and Tesla were among the most actively traded stocks on May 21. While upbeat earnings from Xpeng boosted the stock. increased activities in the industry probably put the spotlight on other EV makers.
As the S&P 500 continues to set records, reflecting a robust appetite for equities amid fluctuating global markets, investors are increasingly focused on the fundamentals that drive long-term value. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often align management’s interests with those of shareholders, potentially leading to more sustainable company performance in these volatile times.