Polestar Automotive Holding UK PLC Class A ADS (PSNY)
Why Polestar Stock Is Sizzling Hot Today
Polestar announced yet another leadership change. The EV maker is launching new cars and expanding its global footprint.
EV firm Polestar taps former Stellantis finance executive as CFO
Electric vehicle maker Polestar said on Tuesday it has appointed former Stellantis finance executive Jean-Francois Mady as its CFO, days after replacing long-time CEO Thomas Ingenlath.
Why Polestar Stock Jumped Today
Polestar Automotive this week announced a sharp increase in second-quarter sales. Polestar recently started manufacturing vehicles in the U.S. The company is bringing in a new CEO.
Polestar Incurs $242M Operating Loss in Q2, Eyes Recovery in 2H24
PSNY expects the second half of 2024 to be better than the first half, thanks to the growing sales of two premium SUVs, Polestar 3 and 4.
Polestar Lives to Fight Another Day After Q2 Earnings
Polestar Automotive NASDAQ: PSNY is an electric vehicle company that has seen a shock to its share price over the past 52 weeks. Prior to its recent earnings release, shares were down 70%.
Why Beaten-Down EV Stock Polestar Surged 21% Today
Polestar reported a strong sequential jump in deliveries for the second quarter. The EV maker expects stronger months ahead as it starts selling new cars.
EV tariffs could hurt European companies and industry, Polestar CFO says
Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European based companies, the chief financial officer of Swedish EV maker Polestar said on Thursday.
Polestar share trade up on narrower loss for quarter
Polestar Automotive (NASDAQ:PSNY) shares traded up nearly 7% on Thursday, to $1.01, after the EV firm narrowed its losses for the second quarter, At $242.3 million, the second-quarter operating loss improved from last year's $273.6 million loss. Revenue for the quarter was down, however, at $574.9 million from $693.3 million a year ago.
Polestar posts further loss, hit by demand slowdown and delay in car launches
Polestar posted a second quarter operating loss on Thursday, a day after the Swedish electric vehicle (EV) maker replaced its CEO amid funding issues and flagging sales.
Why EV Stocks Plunged on Wednesday
Polestar's CEO abruptly left the EV upstart. Canada is putting a 100% tariff on Chinese EV imports.
Swedish EV maker Polestar appoints Michael Lohscheller as CEO
Swedish electric-vehicle (EV) maker Polestar said on Wednesday that Michael Lohscheller will become chief executive, replacing current CEO Thomas Ingenlath.
Despite Fast-paced Momentum, Polestar Automotive Holding UK PLC (PSNY) Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Polestar Automotive Holding UK PLC (PSNY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
