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PSNY News and Press, Polestar Automotive Holding UK Limited From 04/15/24

Stock Information

Company Name: Polestar Automotive Holding UK Limited
Stock Symbol: PSNY
Market: NASDAQ
Website: polestar.com

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PSNY - Polestar: Uphill Battle Continues

2024-04-15 15:04:58 ET Summary Polestar shares have lost over 90% of their value since completing a SPAC merger in 2022. The company's delivery guidance has been repeatedly cut, and its Q1 2024 delivery number was down 40% compared to the previous year. Polestar is facing a fu...

PSNY - Tesla leads the electric vehicle sector lower as earnings jitters pick up

2024-04-15 14:21:26 ET More on Tesla Tesla: An Underappreciated Problem With FSD Tesla's Premium Valuations May Have Overstayed Their Welcome Tesla's Robotaxi Plans Face Major Challenges Tesla confirms layoffs of more than 10% of its global workforce ...

PSNY - Why Polestar Automotive Stock Keeps Falling

2024-04-15 12:59:08 ET Shares of Polestar Automotive (NASDAQ: PSNY) fell 14.4% through 10:40 a.m. ET on Monday, the stock's third straight day of declines since reporting exceptionally weak car deliveries for the first quarter. Last Thursday, Polestar said that it delivered only 7,2...

PSNY - NXPL, MGRM and OCX among pre-market losers

2024-04-15 08:21:07 ET More on Pre-market losers & stocks. OncoCyte Corporation (OCX) Q4 2023 Earnings Call Transcript Monogram Orthopaedics, Inc. (MGRM) Q4 2023 Earnings Call Transcript Monogram Orthopaedics, Inc. 2023 Q4 - Results - Earnings Call Presentation ...

PSNY - Tesla wildcard: Is the master plan for a robotaxi fleet, Model 2 or both?

2024-04-11 16:04:35 ET More on Tesla Tesla FSD Supervised 12.3.3: Improved And Showing Licensing Potential Tesla: When The Time Comes To Buy, You Won't Want To (Rating Upgrade) Tesla: Too Much Baked Into The Cake To Deliver Meaningful Returns Magnificent 7 st...

PSNY - Polestar announces global volumes for first quarter

2024-04-11 08:06:39 ET More on Polestar Automotive Holding Polestar: Cash Is Not King Polestar Automotive Holding UK PLC (PSNY) Q4 2023 Earnings Call Transcript Polestar: Big Q4 Delivery Troubles Polestar downgraded by Piper Sandler over costly models amid re...

PSNY - Polestar Announces Global Volumes for the First Quarter; Growing Line-Up of Luxury SUVs to Drive Revenue and Margin Progression

7,200 cars delivered, of which 1,200 Polestar 4 Polestar 3 and Polestar 4 receive very positive media reviews Growing line-up of luxury SUVs to drive expected revenue and margin progression during second half of the year, supporting 2025 targets Polestar (Nasdaq: PSNY) delivered...

PSNY - Polestar: Cash Is Not King

2024-04-09 16:12:57 ET Summary Polestar, a spin-off from Volvo Cars, is facing intense competition and poor unit economics. The production ramp of the Polestar 3 is expected to take at least one year to reach high volume and another year for optimization. Polestar raised $1 bi...

PSNY - Eyes on General Motors after Ford downshifts EV plans

2024-04-06 08:00:00 ET More on Ford Motor Ford: A Hedge Against An EV Market Slowdown Ford Cuts Work Force At Lightning Plant, Readies New Electric Pickup For 2025 Rollout Ford Motor Company (F) Presents at Bank of America Securities 2024 Automotive Summit (Transcrip...

PSNY - Electric vehicle stocks slide after Tesla deliveries stunner

2024-04-02 09:56:41 ET More on Tesla Tesla: The Pain Might Not Be Over (Downgrade) Tesla Stock: No Longer An Obvious Sell Why Tesla Has Had The Worst Market Performance This Year Tesla slumps 7% after Q1 deliveries miss already-reduced expectations Te...

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