Gores Guggenheim

PSNY

Market cap $1.93B

Polestar's third-quarter vehicle sales jumped, bolstered by resilient demand in the Swedish electric-vehicle maker's home market of Europe despite a tough macroeconomic backdrop marked by tariffs and cautious consumer spending.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) retail sales amounted to an estimated 14,192 cars in Q3 2025, up 13% versus Q3 2024. For the first nine months of the year, retail sales approximated 44,482 cars, a growth of 36% compared to the same period last year. Michael Lohscheller, Polestar CEO, says: “The third quarter saw continued growth, and we have now sold as many cars as in the whole of 2024. Despite continued external headwinds and challenging market conditions, our lin.

Electric vehicle maker Polestar is recalling 27,816 cars in the United States due to a rearview camera issue, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Saturday.

Polestar Automotive Holding UK PLC continues to struggle amid worsening financials, with recent results showing large losses. PSNY's balance sheet has deteriorated further, with significant cash burn and a heavy reliance on debt despite a recent $200 million equity raise. The company faces mounting challenges in raising additional capital as its market cap declines and no clear path to positive cash flow emerges.

Swedish automaker Polestar unveiled its grand tourer (GT) sports car, the Polestar 5, at the Munich auto show on Monday, but said it won't sell the model initially in the United States and China.

The last thing any public company wants to see is that it has a “going concern” warning, which acknowledges it may have little time to survive.

Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q2 2025 Earnings Call September 3, 2025 8:00 AM EDT Company Participants Anna Gavrilova - Head of Investor Relations Michael Lohscheller - CEO & Director Jean-Francois Mady - Chief Financial Officer Conference Call Participants Yan Dong - Deutsche Bank AG, Research Division Tobias Beith - Redburn (Europe) Limited, Research Division Andres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Dan Levy - Barclays Bank PLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Polestar First Half 2025 Results Conference Call.

Electric vehicle maker Polestar reported a wider loss for the second quarter on Wednesday, after U.S. tariffs and intensifying price pressure led to an impairment charge of its flagship model, Polestar 3.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today presents its unaudited financial results and operational metrics for the three-month and six-month periods ended 30 June 2025. Michael Lohscheller, Polestar CEO, says: “Our operational performance in the first half of 2025 reaffirms that we are doing the right things, in a difficult market: increasing our commercial footprint, selling more cars and relentlessly focusing on cost and inventory management. Revenue growth was 56% an.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) expects to publish H1 2025 unaudited financial results on 3 September 2025, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website. About Polestar Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the chang.