PSNY News and Press, Polestar Automotive Holding UK Limited From 12/13/23

2023-12-13 21:40:00 ET Summary Lotus Technology has raised $870 million in the run-up to a SPAC listing backed by luxury giant LVMH, owner of the Louis Vuitton brand. Geely, which also owns Volvo, is concurrently working on an IPO for its Zeekr EV unit, spotlighting its deal-makin...

2023-12-11 11:50:35 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Electric Vehicle industry has had a rough year. Amid high inflation, supply chain issues, and low consumer spending, the demand for EVs saw a significant drop. Several EV makers have cut th...

2023-12-09 10:02:33 ET More on electric vehicle stocks Rivian: Time For Some Good News Tesla: The Cybertruck Changes Everything Cybertruck Should Help Tesla's Profile And Stock, Irrespective Of Sales Or Pricing Rivian reportedly lays off members of battery de...

2023-12-08 14:17:07 ET Summary Global electric car sales Oct. 2023 up 37%YoY to 17% share. China sales up 41% to 39% share. Europe up 24% to 25% share. USA up 26% to 9.4% share. EV market news - Electric vehicles and hybrids grow to a record-high 18% of U.S. light-duty vehicle sal...

2023-12-06 12:24:59 ET More on the markets Only Thing That Matters Is Price; Nasdaq Has Further To Go - Cestrian Capital Research The December Fed Meeting: What To Expect And How To Trade It 2024 Analyst Outlook: Leo Nelissen On Staying Defensive In A Demanding Inves...

2023-11-30 02:38:39 ET Summary Polestar expects to deliver 60,000 electric vehicles in FY 2023, lower than the previous guidance of 60,000-70,000. The company delivered 13,900 EVs in Q3, showing a 50% YoY growth rate, driven by strong demand for the Polestar 2. Polestar's reve...

2023-11-29 11:40:01 ET More on Tesla Tesla's Cost Cuts Are A Strategic Error (Rating Downgrade) Tesla Vs. Rivian: Why The EV Market Is Not A Zero-Sum Game Tesla: Poised To Sustain Dominance In The EV Market Tesla's Cybertruck is finally here - will the launch...

2023-11-27 21:02:45 ET Summary Polestar’s revenue has grown at a CAGR of 85%, as strong product development, battery innovation, and benefits from its relationship with Volvo and Geely have allowed it to gain market. We expect strong growth to continue, as the company incre...

2023-11-22 07:26:10 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Talking about penny stocks with a 12-month return potential of 100% seems too conservative. In the euphoric rally of 2021, some of the hot penny stocks skyrocketed by 100% in a matter of da...

2023-11-17 15:00:53 ET More on the markets SPY: Sell The Rally - Historical Patterns Show Misplaced Optimism S&P 500: Forget The Year-End Rally The Message From 12 Post-CPI Charts The 12 least expected market outcomes of '24 - and how to trade them ...