Li Auto reported strong third-quarter earnings, with an adjusted EPS of ¥3.63, surpassing the estimated ¥3.29. Revenue reached ¥42.9 billion, up 23.6% year-on-year, and vehicle deliveries increased by 45.4% to 152,831 units. The company also reported a gross margin of 21.5%, a vehicle margin of 20.9%, and free cash flow of ¥9.1 billion. Despite these positive results, Li Auto's stock fell 8.7% pre-market, partly due to weaker-than-expected guidance for Q4. Additionally, Li Auto delivered 51,443 vehicles in October, achieving a cumulative milestone of 1 million deliveries.