Polestar Automotive Holding UK PLC

Polestar Automotive Holding UK Plc engages in the manufacturing, distribution, and sale of luxury electric vehicles. The company was founded on September 15, 2021 and is headquartered in Gothenburg, Sweden.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q1 2022

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Polestar Automotive achieves record Q2 performance and eyes global expansion

Polestar Automotive reported strong Q2 performance with delivery and revenue growth.
The company is focusing on product enhancements, strategic partnerships, and global expansion.
Challenges include inventory impairment, cash flow management, and production ramp-up.
Opportunities lie in collaborations, market expansion, and leveraging autonomous driving technology.

Polestar achieves record deliveries, targets profitability amid funding challenges

Polestar's strong performance in car deliveries and model reception underscores its growth potential. While challenges in funding and cash flow persist, the company's strategic initiatives and product lineup position it well for success in key markets.

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Polestar Automotive Holding UK Plc engages in the manufacture, distribution, and sale of luxury electric vehicles. Its products include Polestar 1, a performance hybrid sedan, Polestar 2, an electric sedan, and Polestar 3, an electric SUV type vehicle. The company was founded on September 15, 2021 and is headquartered in Gothenburg, Sweden.

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Polestar beat on earnings but missed on sales this morning. Management also warned of production difficulties and announced it is laying off 10% of its workers.

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Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q1 2023 Earnings Conference Call May 11, 2023 8:00 AM ET Company Participants Bojana Flint - Head of IR Thomas Ingenlath - CEO Johan Malmqvist - CFO Conference Call Participants Steven Fox - Fox Advisors Winnie Dong - Deutsche Bank Tobias Beith - Redburn Dan Levy - Barclays Andres Sheppard - Cantor Fitzgerald Alex Porter - Piper Sandler Operator Good day and thank you for standing by. Welcome to the Polestar Q1 2023 Results Conference Call.

Polestar Automotive Holding UK PLC (PSNY) Q1 2023 Earnings Call Transcript

Polestar (NASDAQ: PSNY ), the Swedish electric vehicle maker backed by China's Geely Automobile (OTCMKTS: GELYF ), is pushing back production of its Polestar 3. The stock is selling off after earnings.

PSNY Stock Alert: Polestar Delays EV Production Plans

The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.

Polestar to cut 10% of workforce as delays push upcoming SUV to 2024

Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and would cut headcount by 10%, citing a delayed production start for its Polestar 3 and a challenging environment for the industry.

Electric vehicle maker Polestar lowers production guidance, cuts jobs

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, reports its results for the three months ended March 31, 2023. Polestar achieved record first quarter deliveries of 12,076 cars, up 26% year on year and enters the second quarter with good commercial momentum. The Company has experienced strong growth over the past five years establishing a global footprint with over 100,000 cars on the.

Polestar reports results for first quarter of 2023 and intensifies cost management

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Google announced Wednesday at its I/O event that all cars with Google built-in will have YouTube available, starting with Polestar vehicles in the coming weeks.

Google is bringing YouTube to more cars, starting with Polestar

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SAN JOSE, Calif.--(BUSINESS WIRE)-- #AutomotiveEngineering--Dr-Ing. Philippe Farah, former VP of Engineering for Electric Propulsion Systems at Polestar, joins Tula Technology as Executive Technologist.

Former VP Engineering of Polestar Electric Propulsion Systems Joins Tula Technology

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SAN DIEGO--(BUSINESS WIRE)---- $PSNY #GoresGuggenheimInc--Robbins LLP is Investigating Polestar Automotive Holding UK PLC (PSNY) on behalf of Shareholders.

Polestar Automotive Holding UK PLC (PSNY) Shareholder Investigation: Robbins LLP is Investigating Polestar Automotive Holding UK PLC on behalf of Shareholders

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Polestar, the electric vehicle brand spun off from Volvo, just unveiled a new SUV that will be for sale in the United States next year. It finally does away with something that's become increasingly pointless in new vehicles, anyway: The back window.

Polestar's new SUV has no back window

Polestar (NASDAQ: PSNY ), an electric vehicle (EV) company backed by Sweden's Volvo (OTCMKTS: VLVLY ) and China's Geely (OTCMKTS: GELYF ), is shocking the industry with a new car. Interestingly enough, the company's new EV replaces the rear window with a digital screen for the driver.

Can the Polestar 4 Save PSNY Stock?

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Polestar introduced the Polestar 4, the second SUV in its lineup, at Auto Shanghai 2023. Actually, it's technically an SUV coupé, meaning it has the space and four doors of an SUV, but the sloping roof and aerodynamics of a coupé.

The Polestar 4 replaces a rear window with a hi-def screen

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Premium electric vehicle (EV) maker Polestar will start production in South Carolina for U.S. and European markets from 2024, Chief Executive Thomas Ingenlath told Reuters at the Shanghai auto show on Tuesday.

Polestar to start production in South Carolina from 2024, says CEO

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Polestar has exponentially better gross margins than Rivian and Lucid. Unlike NIO and XPeng, Polestar sells most of their vehicles outside of China.

News for Polestar Automotive Holding UK PLC Stock (PSNY)