Polestar Still Expects To Deliver 60,000-70,000 Vehicles In 2023; Expects Higher Margins For Remainder Of The Year
Portfolio Pulse from Benzinga Newsdesk
Polestar, the Swedish electric vehicle manufacturer, maintains its delivery target of 60,000-70,000 vehicles for 2023. The company also anticipates higher margins for the rest of the year.
October 05, 2023 | 11:07 am
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Polestar's reaffirmed delivery target and expected higher margins could positively impact the stock price of PSNY.
Polestar's reaffirmed delivery target indicates a steady demand for its products, which is a positive sign for investors. Additionally, the expectation of higher margins suggests improved profitability, which could lead to a rise in PSNY's stock price.
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