Polestar Targets Gross Margin In The High Teens With Total Annual Volume Of Approximately 155,000-165,000 Cars For FY25
Portfolio Pulse from Benzinga Newsdesk
Polestar, a Swedish electric vehicle manufacturer, is targeting a gross margin in the high teens with a total annual volume of approximately 155,000-165,000 cars for the fiscal year 2025. The company is listed on the US stock market under the ticker PSNY.
November 08, 2023 | 9:06 pm
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POSITIVE IMPACT
Polestar's ambitious targets for FY25 could potentially drive investor interest and positively impact the stock price of PSNY in the short term.
Polestar's ambitious targets indicate confidence in their business strategy and growth potential. This could attract investors, driving up demand for PSNY shares and potentially leading to a short-term increase in the stock price.
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IMPORTANCE 80
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