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The revenue forecast is significantly lower than analyst expectations, indicating potential struggles ahead. Historical trends show that missed expectations often lead to declining stock prices.
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Li Auto projects lower sales of 23.4-24.7 billion yuan for Q1. This represents a year-over-year revenue decrease of 8.7% to 3.5%. Li Auto's expected revenue is below analyst estimates of 33.5 billion yuan. Company faces strong competition from Nio, BYD, XPeng, and Tesla. Shares have decreased over 25% in value over the past year.
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