Polestar Automotive Holding UK PLC (PSNY)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD

1.3680

+0.0380

(+2.86%)

As of 01:17PM EDT. Market open.

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Polestar Automotive Reports Q3 Deliveries, Plans Update
Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) has released an update. Polestar Automotive delivered approximately 11,900 vehicles in Q3 2024, with a total of 32,300 units for the year, despite expecting similar revenue to 2023 and aiming for a positive gross profit margin by Q4. The company, supported by Geely, is adapting to market challenges, including import duties and loan covenant discussions, while transitioning to a more aggressive sales model. A strategic business upda
Business Wire
Polestar Announces Global Volumes for the Third Quarter; to Provide Business and Strategy Update on 16 January 2025
GOTHENBURG, Sweden, October 11, 2024--Polestar (Nasdaq: PSNY) delivered approximately 11,900 cars in the third quarter, taking total deliveries for the first nine months of the year to 32,300 (2023: 41,844).