Polestar Delivered Approximately 12,800 Cars In Q4 Including 880 Plestar 4 In China; Total Deliveries For The Year Increased 6% To 54,600
Portfolio Pulse from Benzinga Newsdesk
Polestar reported delivering around 12,800 vehicles in Q4, including 880 Polestar 4 units in China. The company's total annual deliveries rose by 6% to 54,600 vehicles.
January 11, 2024 | 9:07 pm
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Polestar, trading as PSNY, reported a 6% increase in annual deliveries to 54,600 vehicles, indicating growth and potential positive market sentiment.
The reported increase in vehicle deliveries for Polestar suggests a positive performance trend, which is likely to be viewed favorably by investors. The delivery of new models like the Polestar 4 in China also indicates expansion in key markets. This news could lead to a short-term positive impact on PSNY's stock price as it reflects the company's growth trajectory and market penetration.
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