Goldman estimates Li Auto will have $22BN net cash by 2025. Mkt cap at $27BN today. 78% of mkt cap in cash by 2025. $7BN FCF too. Already profitable, will have higher margins than BYD & +25% higher growth (52% cagr). Where's the pessimism coming from? $LI https://t.co/4clg6QEeJp
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