Frankfurt - Delayed Quote • EUR Polestar Automotive Holding UK PLC (A4N.F) Follow Compare 0.2040 -0.0220 (-9.73%) At close: January 31 at 8:06:29 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Polestar targets profitability in 2025; Polestar 7 will be a premium compact SUV from Europe GOTHENBURG, Sweden, January 16, 2025--Polestar (Nasdaq: PSNY) today presents an updated strategy, as the Company starts its next chapter, with significant changes being made to improve operational, commercial and financial performance. Polestar Publishes Selected Results for the Third Quarter and Updates FY 2024 Guidance GOTHENBURG, Sweden, January 16, 2025--Polestar (Nasdaq: PSNY) today presents selected preliminary unaudited results for the third quarter and first nine months of 2024. Polestar reports Q4 retail sales up 5.3% to 12,256 cars Polestar (PSNY) announced retail sales totaled 12,256 cars in Q4 2024, up 5.3% versus Q4 2023, taking total retail sales for the full year to 44,851 in 2024, down 15% versus 2023. Total order intake in Q4 2024 increased by 37.2% versus Q4 2023 and by 37.9% for the full year 2024 versus 2023. Michael Lohscheller, Polestar CEO, says: “The changes being made to our commercial operations are clearly having a positive impact, as we saw a 5.3% increase in retail sales and a 37.2% increase in order int Polestar Announces Global Volumes for the Fourth Quarter GOTHENBURG, Sweden, January 09, 2025--Polestar (Nasdaq: PSNY) retail sales totalled 12,256 cars in Q4 2024, up 5.3% versus Q4 2023, taking total retail sales for the full year to 44,851 in 2024, down 15% versus 2023. Total order intake in Q4 2024 increased by 37.2% versus Q4 2023 and by 37.9% for the full year 2024 versus 2023. Polestar Appoints Jonas Engström Chief Operating Officer GOTHENBURG, Sweden, December 17, 2024--Polestar (Nasdaq: PSNY) has appointed Jonas Engström to the role of Chief Operating Officer (COO). Ford shares fall after downgrade to Market Perform Ford (F) shares drop following a downgrade, with Bernstein senior analyst Daniel Roeska explaining the decision behind the call on Yahoo Finance live. Roeska discusses why he downgraded the stock from Outperform to Market Perform after the company reported mixed results for its third quarter earnings. The main concern, Roeska tells Julie Hyman and Josh Lipton, is large discounting from Stellantis (STLA) which will create pricing pressures across the industry in the first half of 2025. While confident in Ford’s truck business, including the F-150, Roeska explains that with significant discounts from competitor Ram, Ford “will not have the opportunity to react and cut costs.” To watch more expert insights and analysis on the latest market action, check out more Market Domination here.This post was written by Cindy Mizaku. Polestar Delivers First Polestar 3 Manufactured in U.S. to North American Customers MAHWAH, N.J., November 01, 2024--Polestar, the Swedish premium electric performance car brand, has delivered its first U.S.-built Polestar 3 SUVs to customers in the North American market. Deliveries of Polestar 3 began around the U.S. and Canada in the past few weeks and now units manufactured in the South Carolina plant have begun as well. The SUV for the electric age plays an important role in the brand’s continued development, as Polestar moves from a one- to a three-car brand with Polestar Polestar Now Offers Its Customers Access to One of the World’s Largest Charging Networks GOTHENBURG, Sweden, October 30, 2024--Polestar (Nasdaq: PSNY) now offers its customers access to 17,800 Tesla Superchargers across North America, complementing its existing offer in Europe and China. 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 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). Polestar Fully Compliant With Nasdaq Listing Rules GOTHENBURG, Sweden, September 17, 2024--Polestar (Nasdaq: PSNY) has received notice that with the closing bid price of the Company’s American Depositary Shares ("ADSs") exceeding $1.00 for at least ten consecutive business days, Polestar has regained compliance with Nasdaq’s Listing Rule 5450(a)(1). As previously announced, Polestar was notified by Nasdaq on July 5, 2024, that it was not in compliance with the minimum bid price requirement as the Company’s ADSs had closed below $1.00 for 30 cons Polestar Announces Date of AGM and Board Changes GOTHENBURG, Sweden, September 13, 2024--Polestar (Nasdaq: PSNY) is holding its Annual General Meeting (AGM) in London on 7 October 2024. Full details of the AGM, including instructions for proxy voting by registered shareholders, are available on the Company’s Investor Relations website https://investors.polestar.com/. EV maker Polestar appoints Jean-Francois Mady as new CFO Shares of EV maker Polestar (PSNY) are jumping Tuesday after the company named Jean-Francois Mady as its new CFO effective October 21. Mady previously served as senior vice president of global accounting operations and finance transformation at Stellantis (STLA). Julie Hyman and Josh Lipton break down these developments. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan. Polestar appoints Jean-Francois Mady as CFO GOTHENBURG, Sweden, September 03, 2024--Polestar (Nasdaq: PSNY) continues to prepare itself for the next step in its development by appointing Jean-Francois Mady to the role of Chief Financial Officer (CFO), effective 21 October 2024. Polestar Publishes Q2 2024 Results: 82% Growth in Global Deliveries GOTHENBURG, Sweden, August 29, 2024--Polestar (Nasdaq: PSNY), reports its preliminary unaudited financial and operational results for the second quarter ended June 30, 2024. Polestar Announces Leadership Change: Michael Lohscheller Appointed CEO GOTHENBURG, Sweden, August 28, 2024--Polestar (Nasdaq: PSNY) announces that Michael Lohscheller, a seasoned automotive leader with extensive experience in driving operational excellence and strategic growth, will assume the role of CEO. Thomas Ingenlath, who has served as CEO since Polestar's inception and successfully positioned the brand for its next chapter, has resigned, with the change effective 1 October 2024. Polestar Appoints Philipp Römers Head of Design GOTHENBURG, Sweden, August 21, 2024--Polestar (Nasdaq: PSNY) announces that Philipp Römers has been appointed Head of Design. Polestar Delivers First Customer Polestar 4 SUV Coupes in Europe GOTHENBURG, Sweden, August 20, 2024--Polestar announces the first European deliveries of the SUV Coupe Polestar 4. Polestar CEO: Chinese tariffs aside, building Polestar 3 in US has been years in the making Swedish EV maker Polestar hit a major milestone today, commencing production of its Polestar 3 SUV in South Carolina as it looks to avoid US tariffs on China-made EVs. Polestar begins EV production in US to avoid Chinese tariffs Electric vehicle manufacturer Polestar (PSNY) has commenced production of its Polestar 3 EV model at Volvo's (VLVLY) plant in Charleston, South Carolina. This strategic move by the Swedish company to initiate production in the United States is aimed at avoiding tariffs imposed on vehicles manufactured in China. Yahoo Finance senior autos producer Pras Subramanian breaks down the details, highlighting Polestar CEO Thomas Ingenlath's comments on how this domestic manufacturing strategy will add "extra importance" and "relevance" for US car buyers. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Performance Overview Trailing total returns as of 1/31/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return A4N.F S&P 500 YTD +45.71% +2.26% 1-Year +41.67% +22.65% 3-Year -66.00% +36.30%