The delivery of Li L8 is expected to begin in November, and that of Li L7 will start in Q1 2023. The company also disclosed that it received positive feedback for its latest models – the Li L8 and Li L7. However, earlier this month, Li Auto reported Q3 deliveries of 26,524 vehicles, which reflected a 5.6% year-over-year growth and was better than the company’s estimate, thanks to the strong rebound in September and the robust demand for L9 SUVs. Last month, the company disappointed investors when it lowered its Q3 delivery outlook to 25,500 vehicles from the previous outlook range of 27,000 to 29,000 units, citing supply chain disruptions. The impact of China’s Zero COVID policy on the supply chain and production of EV makers was immense, and Li Auto was no exception. Using TipRanks’ Stock Comparison Tool, we placed Li Auto ( NASDAQ:LI), Tesla ( NASDAQ:TSLA), and Nio ( NYSE:NIO) against each other to pick the EV stock that Wall Street expects to generate the highest returns.Īside from growing demand, EV makers are also expected to benefit from the favorable policies being implemented by several countries, like the Inflation Reduction Act (IRA) in the U.S., to boost EV adoption. However, several analysts are looking beyond the near-term headwinds and focusing on the solid demand backdrop for EVs. Shares are up nearly 800% in the last five years and up more than 5,800% in the last 10 years, rewarding recent investors as well.Shares of electric vehicle (EV) makers have significantly declined this year due to fears of a global economic downturn and macroeconomic challenges. NVDA Price Action: Shares have traded between $115.66 and $346.47 over the last 52 weeks. Investing $1,000 in Nvidia at its IPO would have created some millionaires, assuming they held onto shares for that long. The 83.33 shares would total 3,999.84 after the stock splits.īased on a share price of $264.95 at the time of writing, the $1,000 investment in Nvidia at the time of its IPO would now be worth $1,059,757.61.

Since the IPO, Nvidia has had several stock splits that have increased the number of shares held by existing shareholders. A $1,000 investment would have been able to buy 83.33 shares. 22, 1999, with shares offered at $12 each. Investing $1000 In NVDA: Nvidia held its IPO on Jan.

Related Link: Benzinga Asks: Which Company Could Join The $1 Trillion Market Cap Club Next?

What was nvda stock split