Why Nio, XPeng, and Li Auto Stocks Are Falling Today

Why Nio, XPeng, and Li Auto Stocks Are Falling Today

Nio (NYSE: NIO), XPeng Motors (NYSE: XPEV), and Li Auto (NASDAQ: LI) -- were trading sharply lower on Tuesday, on growing concerns about the Chinese government's ongoing actions to restrict technology companies. Li Auto's shares were down about 9.1%.