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NIO and Li Auto Deliveries Set Records. That’s Good News for Tesla.

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Chinese electric-vehicle makers


NIO


and


Li Auto


set new monthly delivery records in November. The results will come as a relief to weary EV investors and might be good news for


Tesla


stock.



NIO


(ticker: NIO) reported deliveries last month of 14,178 vehicles, up 41% from October and 9% higher than the previous monthly record of 12,961 set in June 2022. Deliveries this year are now at 106,671 vehicles, up 32% from the same span of 2021.

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