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PSNY

Polestar Automotive Holding UK PLC

https://www.polestar.com

Industry

Auto - Manufacturers

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

Open

1.12

Mkt cap

2.4B

Volume

7.7M

High

1.15

P/E Ratio

-1.73

52-wk high

1.94

Low

1.11

Div yield

N/A

52-wk low

0.61

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) provided a business and strategy update, emphasizing its commitment to a sustainable electric future with performance cars. The update included key changes and future product news.

Portfolio Pulse from

January 16, 2025 | 5:15 pm

Polestar (Nasdaq: PSNY) released preliminary unaudited results for Q3 and the first nine months of 2024, showing a decline in revenue and negative gross margins. The company also updated its FY 2024 guidance.

Portfolio Pulse from

January 16, 2025 | 12:15 pm

Polestar (Nasdaq: PSNY) has announced an updated strategy aiming for profitability by 2025, with plans for a new premium compact SUV, the Polestar 7, from Europe. The company targets a 30-35% annual sales growth from 2025 to 2027 and expects positive adjusted EBITDA by 2025.

Portfolio Pulse from

January 16, 2025 | 12:15 pm

Polestar Automotive Holding UK PLC is expected to report a Q3 loss with weak demand and continued unprofitability. Analysts are concerned about declining EV market share in Europe, high debt levels, and stiff competition, making profitability by 2025 unlikely.

Portfolio Pulse from

January 13, 2025 | 7:00 pm

Polestar, a Swedish electric vehicle maker, reported a 5.3% increase in sales to 12,256 cars in the fourth quarter, despite challenging market conditions. The company also saw a 37.2% surge in order intake.

Portfolio Pulse from

January 09, 2025 | 3:15 pm

Polestar reported an increase in fourth-quarter retail sales and order intake, boosting investor confidence in the demand for its higher-priced models.

Portfolio Pulse from

January 09, 2025 | 12:15 pm

Polestar, an electric vehicle manufacturer, is approaching a significant growth phase as its delivery volumes increase. Bank of America analysts highlight Polestar's potential in the expanding EV market and its improving earnings profile.

Portfolio Pulse from

December 05, 2024 | 6:00 pm

Polestar has delivered its first US-built Polestar 3 SUVs to customers in North America, marking a significant milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:06 pm

Polestar Automotive Holding (NASDAQ:PSNY) shares are trading lower as the company expands access to Tesla Superchargers in North America and updates its charging infrastructure. Despite these developments, PSNY stock has dropped over 30% in the past month, with a recent 5.95% decline. Polestar's Q3 vehicle deliveries decreased by 15% year-over-year.

Portfolio Pulse from Nabaparna Bhattacharya

October 30, 2024 | 4:46 pm

Polestar has expanded its charging network by gaining access to 17,800 Tesla Superchargers in North America and over 850,000 charging points across Europe. This move enhances Polestar's global EV charging capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:08 pm

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