$GGPI $TSLA $CCIV $NIO To those who are questioning the valuation of Polestar at $25B: We posted our analysis last night but decided to put it in a table format again today so that people can visualize it better. Polestar at $25B is not high at all compared to Rivian and Lucid, and in fact undervalued both on 2020 and 2022 revenue basis. Rivian's IPO is rumored to be at $70B and Lucid is trading at $42B and both barely have any revenues but much higher market caps currently while Polestar has 5600M in 2020, hence the higher multiples. On a 2022 basis, Polestar will still have lower multiples compared to Rivian and Lucid given its growth trajectory. We hope this puts to rest that Polestar is overvalued at $25B, because then you would be claiming that Rivian and Lucid are even more overvalued. We will refine this table when the DA for GGPI/Polestar is announced.
25
3
13
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