Polestar Stock Slumps Despite Deliveries Jumping 80%. This Is Why.
The company delivered about 13,000 cars in the second quarter, bringing the total for the year so far to about 20,000 vehicles.
Polestar posts loss, plans steps to offset tariffs on China-made EVs
Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday.
Polestar (PSNY) Reports FY23 Results, Revenues Down 3% Y/Y
Polestar's (PSNY) revenues in 2023 decline 3%, mainly due to increased discounts and lesser carbon credit sales.
Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand
Swedish EV-maker Polestar said on Friday, after months of delays in turning in its financial reports, that its 2023 revenue fell about 3% and its losses widened as it grappled with slowing demand for its higher-priced models.
EV Company Polestar in Big Trouble
24/7 Insights The Polestar Automotive Holding (NASDAQ: PSNY) chairperson has stepped down.
Polestar (PSNY) Plans to Debut in 7 New Markets in 2025
Polestar (PSNY) plans to enter seven new markets across Asia, Europe and Latin America in 2025.
Why Polestar Stock Popped on Monday
The EV makerr is expanding its commercial market as it grows its lineup. The company also brought in new executives to lead the expansion push.
Polestar Pops. The EV Maker Is Selling Cars Using an Old Model.
Polestar is adopting a non-genuine sales model. What is a non-genuine model anyway?
Why Is Polestar (PSNY) Stock Up 7% Today?
Polestar Automotive (NASDAQ: PSNY ) stock is up on Friday after the electric vehicle (EV) company provided an update on its missed financial filings. Polestar Automotive told investors in a news release that it plans to have its filing for the full year of 2023 submitted by the end of June.
Why Polestar Automotive Stock Crashed This Week
Polestar confirmed this week that it was delaying the release of its first-quarter results. The EV specialist still has not published results for last year's fourth quarter.
Swedish EV maker Polestar confirms delay in Q1 earnings report
Swedish electric vehicle maker Polestar , will not be reporting its first-quarter results on May 23, a spokesperson confirmed in an email to Reuters on Wednesday.
Polestar (PSNY) Faces Delisting Risk on Delayed Annual Filing
Polestar (PSNY) faces the risk of getting delisted from Nasdaq due to its inability to meet annual & quarterly report filing deadlines.
