Polestar 4 Production Begins; First Customer Deliveries Expected Before End Of 2023
Portfolio Pulse from Benzinga Newsdesk
Polestar has commenced production of its Polestar 4 model, with the first customer deliveries anticipated to occur before the end of 2023. This marks a significant milestone for the company as it expands its product lineup and aims to meet growing consumer demand for electric vehicles.

November 15, 2023 | 8:33 am
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Polestar (PSNY) has started production of the Polestar 4, with deliveries expected before the end of 2023, signaling growth and potential increased sales.
The start of production for a new vehicle model typically generates positive sentiment among investors, as it reflects the company's progress in expanding its offerings and potentially increasing its market share in the electric vehicle sector. The anticipation of customer deliveries before the end of the year could lead to increased revenue and profitability, which is likely to have a favorable impact on the stock price in the short term.
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