PSNYW - Polestar Automotive Holding UK PLC (PSNY) Q1 2024 Earnings Call Transcript

2024-07-02 11:30:25 ET

Polestar Automotive Holding UK PLC (PSNY)

Q1 2024 Earnings Conference Call

July 02, 2024 08:00 AM ET

Company Participants

Thomas Ingenlath - CEO

Per Ansgar - CFO

Bojana Flint - Head of IR

Conference Call Participants

Tobias Beith - Redburn Atlantic

Andres Sheppard - Cantor Fitzgerald

Daniel Roeska - Bernstein

Dan Levy - Barclays

Presentation

Operator

Good day and thank you for standing by. Welcome to the Polestar Q1 2024 Results Conference Call. At this time all participants are in listen-only mode. After the speakers’ presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Bojana Flint. Please go ahead.

Bojana Flint

Thank you, operator. Hello everyone, Bojana Flint here from Polestar Investor Relations. Thank you for joining our results call today, covering both our Full Year 2023 and Q1 2024 Preliminary Results. Per Ansgar, our CFO, will start with the financials update, followed by Thomas Ingenlath, Polestar’s CEO. We will then open for analysts and retail investor questions.

But before we start, I will cover some of the housekeeping points as usual. I would like to remind participants that many of our comments today will be considered forward-looking statements under U.S. Federal Securities Laws and are subject to numerous risks and uncertainties that may cause Polestar's actual results to differ materially from what has been communicated.

These forward-looking statements include, but are not limited to statements regarding the future financial performance of the company, production and delivery volumes, financial and operating results, near-term outlook and medium-term targets, fundraising and funding requirements, macroeconomic and industry trends, company initiatives and other future events.

Forward-looking statements made today are effective only as of today, and Polestar undertakes no obligation to update any of its forward-looking statements. For a discussion of some of the factors that could cause our actual results to differ, please review the risk factors contained in our SEC filings....

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