Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion.  Adjusted net earnings per ADS was $0.17 missed the analyst consensus estimate of $0.35. The stock price dropped after the results. Vehicle sales increased 32.3% to $3.4 billion, mainly attributable to the increase in vehicle deliveries. Total vehicle deliveries were 80,400 units in the quarter, an 52.9% Y/Y increase. Also Read: Tesla Tries To Boost China Sales With Free Supercharging Miles After Price Cuts The vehicle margin declined by 50 bps year over year to 19.3%, while the gross margin expanded by 20 bps year over year to 20.6%.  Adjusted income from operations was $13.9 million, down ...