Polestar Automotive Holding UK PLC Class A ADS (PSNY)
Summary
Polestar Dealer Claims Automaker ‘Orchestrated' Its U.S. Ban in Lawsuit
The New Jersey dealer is seeking at least $25 million in damages after the Chinese-owned automaker's exit from the U.S.
Chinese-Owned EV Maker Polestar Won't Appeal U.S. Ban, Leaving Dealers in the Lurch
The automaker's exit from the U.S. market comes as several dealers hoped for retail expansion.
Polestar's US setback leaves owners asking: who will service my car?
When Ryan Rodriguez landed a great deal on a model year 2024 Polestar earlier this month, he did not anticipate the brand would soon be in trouble in the United States.
Polestar Automotive Holding UK PLC Class A ADS Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 12,756 | $239,560 | $181,517.88 | -$58,042.12 | -24.23% |
 Joseph Castro Nuveen LLC | 45,669 | $845,543.05 | $632,058.96 | -$213,484.09 | -25.25% |
 Hui Fai Tam Caitong International Asset Management Co. Ltd. | 5 | $94 | $73.15 | -$20.85 | -22.18% |
 Christopher C. Powers Farther Finance Advisors, LLC | 123 | $2,276.84 | $1,771.2 | -$505.64 | -22.21% |
 Mathieu Cornu Pictet Asset Management Holding SA | 7,465 | $150,104.35 | $107,496 | -$42,608.35 | -28.39% |
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Polestar Automotive Holding UK PLC Class A ADS Profile
| Automobiles Industry | Consumer Discretionary Sector | Michael Lohscheller CEO | NASDAQ (NMS) Exchange | 731105409 CUSIP |
| SE Country | 1,686 Employees | - Last Dividend | 9 Dec 2025 Last Split | 24 Jun 2022 IPO Date |
Overview
Polestar Automotive Holding UK PLC, founded in 2017 and headquartered in Gothenburg, Sweden, positions itself within the fast-evolving automotive sector as a manufacturer and seller of premium electric vehicles (EVs). As part of its core mission, Polestar is dedicated to innovation and sustainability, aiming to lead in the global transition towards more eco-friendly transportation solutions. The company's strategic location in Sweden, known for its commitment to green technologies and sustainability, complements its vision of creating vehicles that are not only luxurious and high-performing but also environmentally responsible.
Products and Services
- Premium Electric Vehicles:
Polestar specializes in the design, development, and manufacturing of premium electric vehicles. Their product lineup is crafted to meet the highest standards of performance, design, and innovation, while also emphasizing sustainability. By integrating cutting-edge technology and focusing on electric powertrains, Polestar's vehicles offer an advanced, emission-free driving experience without compromising on luxury or performance. Each model is a testament to the company's commitment to combining environmental stewardship with automotive excellence.
