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2023-03-04 07:00:00 ET Polestar (NASDAQ: PSNY) showed excellent progress on margin improvement but that alone isn't enough to make the stock a buy. In this video, I will review Polestar's latest earnings announcement, and then answer if the stock is a buy. *Stock prices used w...
2023-03-04 06:31:40 ET Summary Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered tax...
Summary Polestar reiterates its 2023 delivery forecast. Management looking to raise additional capital. EV competition only increased by the quarter. Before the market opened on Thursday, we received fourth quarter results from Polestar ( PSNY ). The electric vehic...
Polestar Automotive Holding UK PLC (PSNY) Q4 2022 Results Conference Call March 02, 2023 08:00 AM ET Company Participants Bojana Flint - Head of IR Thomas Ingenlath - CEO Johan Malmqvist - CFO Conference Call Participants Winnie Dong - Deutsche Bank Cha...
Polestar Automotive Holding UK PLC ( NASDAQ: PSNY ) shot up 5.25% on Thursday after the company exceeded its 2022 target of delivering 50K vehicles in 2022. Global volume was up 80% in 2022 to 51,491 vehicles with the electric vehicle maker adding the new markets of United Ara...
Polestar Automotive Holding press release ( NASDAQ: PSNY ): Q4 net loss of $262.44M Revenue of $985.15M (+67.1% Y/Y). Shares +1.98% PM. For further details see: Polestar Automotive Holding reports Q4 results
Total revenue of USD 2.5 billion in 2022, an increase of 84% year on year 51,491 cars delivered in 2022, compared to 28,677 in 2021, an increase of 80% Cash and cash equivalents of USD 974 million as of December 31, 2022 Polestar Automotive Holding UK PLC (“Polestarȁ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s going to be a big week for electric vehicle (EV) stocks, as a number of companies report earnings. If you’re a Nio (NYSE: NIO ) shareholder, mark your calendars for March 1. Nio stock will likely be activ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: T. Schneider / Shutterstock.com Fisker (NYSE: FSR ) stock is on the rise Monday after the company provided an update on production and orders of its electric vehicles (EVs). According to Fisker, it conti...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Penny stocks carry high risk. However, spot the right ones, and you could be sitting on a potential multi-bagger. I admit that finding such stocks – especially in today’s volatile environment can be di...
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Polestar (Nasdaq: PSNY) is once again at Goodwood Festival of Speed showing its expanded model line-up with the new Polestar 3 and Polestar 4 electric SUVs joining the Polestar 2 centre stage. Star of the show is the Polestar Concept BST, making its global debut at the famous motoring festival. I...
Polestar (Nasdaq: PSNY) has received notice from the Nasdaq Stock Market LLC that the Company is not currently in compliance with the $1.00 minimum bid price requirement, as set forth in Nasdaq Listing Rule 5450(a)(1). This press release features multimedia. View the full release here: http...