Why NIO, XPeng, and Li Auto Stocks Are Trading Lower Today

Why NIO, XPeng, and Li Auto Stocks Are Trading Lower Today

Shares of three widely followed Chinese electric-vehicle makers -- NIO (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) -- were all down on Tuesday morning. Li Auto was down about 6.9%. Second, and likely related, the rate on the benchmark 10-year U.S. Treasury bond has risen to 1.37%.