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Polestar CEO Hopeful About Market Pricing In Cost Increases As Tariffs Bite Q2 Earnings
The Swedish EV maker on Wednesday reported a net loss of $1.027 billion, wider than the $268 million loss reported in the corresponding quarter of 2024, due to higher cost of sales, including a non-cash impairment expense on Polestar 3 of $739 million.
Stocktwits·3d ago
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US Regulator Opens Recall Query Into Nearly 28,000 Polestar 2 Vehicles, But Retail’s Buoyant
NHTSA said that it received 109 complaints for rear-view camera failures on model year 2021 to model year 2025 Polestar 2 vehicles.
Stocktwits·2mo ago
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Polestar Stock Gains Pre-Market After 38% Jump In Q2 EV Sales – Retail Sentiment Surges
CEO Michael Lohscheller noted that the company “delivered another strong quarter of growth” in spite of increasingly challenging market and geopolitical conditions.
Stocktwits·2mo ago
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Polestar Partners With Volvo Cars To Expand Manufacturing Into Europe
The Polestar 7 is currently planned to be the second car to be built at the Kosice plant after a yet-to-be-announced Volvo model.
Stocktwits·2mo ago

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