Polestar Stock Collapses on Potential Bankruptcy
The last thing any public company wants to see is that it has a “going concern” warning, which acknowledges it may have little time to survive.
Polestar Automotive Holding UK PLC (PSNY) Q2 2025 Earnings Call Transcript
Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q2 2025 Earnings Call September 3, 2025 8:00 AM EDT Company Participants Anna Gavrilova - Head of Investor Relations Michael Lohscheller - CEO & Director Jean-Francois Mady - Chief Financial Officer Conference Call Participants Yan Dong - Deutsche Bank AG, Research Division Tobias Beith - Redburn (Europe) Limited, Research Division Andres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Dan Levy - Barclays Bank PLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Polestar First Half 2025 Results Conference Call.
EV maker Polestar to produce new model in Europe
Sweden-based electric vehicle maker Polestar said on Thursday its upcoming SUV model Polestar 7 will be manufactured at Volvo Cars' under-construction factory in Slovakia, making it its first car to be made in Europe.
Polestar restarts market expansion with France
Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with the goal of making it one of its three main European markets, its top executive for the country told Reuters.
Polestar Automotive Holding (PSNY) Q1 2025 Earnings Call Transcript
Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q1 2025 Earnings Conference Call May 12, 2025 8:00 AM ET Company Participants Michael Lohscheller - Chief Executive Officer Jean-François Mady - Chief Financial Officer Anna Gavrilova - Head of Investor Relations Conference Call Participants John Babcock - Bank of America Daniel Roeska - Bernstein Tobias Beith - Redburn Atlantic Andres Sheppard - Cantor Fitzgerald Dan Levy - Barclays Operator Good day and thank you for standing by. Welcome to the Polestar Q1 2025 results conference call.
Polestar narrows quarterly loss on cost-saving push, improved demand
Swedish electric-vehicle maker Polestar reported a 31% reduction in its quarterly loss on Monday, in a sign that the company's efforts to cut costs across its business and push sales of its higher-priced models were bearing fruit.
EV maker recalls more than 27K vehicles over risk malfunction in key component
Electric vehicle manufacturer Polestar has recalled over 27k vehicles following the discovery of a rear-view camera malfunction.
EV maker Polestar recalls 27,816 US vehicles, NHTSA says
Electric vehicle maker Polestar is recalling 27,816 cars in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday.
Polestar: 2025 Needs To Be Electric
Polestar Automotive Holding UK PLC has continued to burn cash as market conditions have been challenging in especially Europe, and the company has failed to maintain sales. As liquidity is running lower and Polestar has increasing debt, the need for earnings improvements is urgent. Polestar targets positive EBITDA in 2025 already with retail expansion and the Polestar 5 launch. Yet, I believe that the target may be too ambitious.
EV maker Polestar secures $450 million loan facility, delays quarterly results
Electric vehicle maker Polestar has secured a 12-month loan facility of up to $450 million, it said on Friday, and would delay its fourth-quarter results in April along with its annual filing for fiscal 2024.
Where Will Polestar Automotive Stock Be in 1 Year?
Polestar Automotive (PSNY -1.92%) has disappointed a lot of investors since its debut in June 2022. The electric vehicle (EV) maker went public by merging with a special purpose acquisition company (SPAC), and it started trading at $12.98 a share.
Polestar: It Keeps Getting Worse
Polestar has struggled since its SPAC merger, badly missing delivery targets and burning cash, leading to multiple debt and equity raises. Despite restructuring efforts, Polestar's Q3 2024 results were unimpressive, with revenues again well below street estimates. The company has again slashed its longer term growth outlook, and it desperately needs to bring in more equity capital.
