|Bid||0.6101 x 2200|
|Ask||0.6999 x 800|
|Day's Range||0.6400 - 0.6930|
|52 Week Range||0.5400 - 3.3500|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Yahoo Finance Live team discusses workforce cuts at Polestar, Microsoft not providing raises to full-time employees this year, and layoffs in tech over the last 6 months.
GOTHENBURG, Sweden, May 11, 2023--Polestar Automotive Holding UK PLC ("Polestar" or the "Company," Nasdaq: PSNY), the Swedish electric performance car brand, reports its results for the three months ended March 31, 2023.
Don't want a Tesla? Here are your 5 top non-Tesla EV options
Yahoo Finance autos reporter Pras Subramanian joins the Live Show to discuss the top non-Tesla electric vehicles. The five EVs listed are the Chevy Bolt EUV, Polestar 2, Mustang Mach-E SUV, Rivian R1T pickup truck, and the Lucid Air luxury car.
GOTHENBURG, Sweden, April 06, 2023--Polestar Automotive Holding UK PLC ("Polestar" or the "Company," Nasdaq: PSNY), the Swedish electric performance car brand, reports its global volumes for the first quarter of 2023.
GOTHENBURG, Sweden, April 03, 2023--Polestar (Nasdaq: PSNY) has published its third Annual Sustainability Report.
Yahoo Finance’s Pras Subramanian joins the Live show to discuss Polestar’s plans to hit the U.S. EV market and CEO Thomas Ingenlath’s remarks on consumer demand and the IRA tax credit.
Tesla (TSLA) is slashing the prices for its two most expensive vehicles in the U.S. The EV giant announcing that prices for its Model S and Model X vehicles will be reduced between 4% and 9% as it looks to drive demand. Nobody is that close to Tesla. It's amazing how far ahead they are,' CoPilot Founder and CEO tells Yahoo Finance. Ryan says Tesla is able to accomplish this - and its competitors cannot - because 'Tesla basically went through the growing pains of learning how to build EVs sufficiently earlier and got through that gives them the margin advantage...they can afford to cut their prices and still be profitable.' According to Ryan, several of Tesla's EV competitors are facing significant challenges - Ford (F) when it comes to profitability on its EV sales, and Rivian (RIVN) and Polestar (PSNY) on their decision to not cut prices on its vehicles. Ryan also advises used car shoppers on timing their next purchase, outlining some of the biggest challenges right now and explaining why buying waiting one to three months could yield greater benefits. Key video takeaways: 0:00 Why no other EV maker stacks up to Tesla 1:03 Challenges facing used car buyers
Yahoo Finance autos reporter Pras Subramanian joins the Live show to break down the latest guidance from Polestar's CEO.
Polestar, the Swedish-based EV-maker backed by Volvo and Geely, is on a big roll. The company reported strong fourth quarter earnings, reporting a narrower loss than expected, and revenue that jumped 84% from a year ago.
Polestar CEO Thomas Ingenlath joins Yahoo Finance Live to discuss company earnings, rising competition in the EV space, deliveries and production, and the forthcoming Polestar 3 and Polestar 4 models.
GOTHENBURG, Sweden, March 02, 2023--Polestar Automotive Holding UK PLC ("Polestar" or the "Company," Nasdaq: PSNY), the Swedish electric performance car brand, reports its preliminary unaudited financial and operational results for the year ended December 31, 2022.
GOTHENBURG, Sweden, February 22, 2023--Polestar Automotive Holding UK PLC ("Polestar" or the "Company," Nasdaq: PSNY), the Swedish electric performance car brand, announces the partnership with Say Technologies for the Q&A platform to be used for its upcoming full year results call on Thursday 2 March 2023 at 08:00 ET (14:00 CET).
GOTHENBURG, Sweden, February 08, 2023--Polestar (Nasdaq: PSNY) and Rivian (Nasdaq: RIVN) have collaborated on a ‘Pathway Report' which concludes that the automotive industry is set to overshoot the IPCC’s 1.5-degree pathway by at least 75% by 2050. The two pioneering EV makers initiated the report in response to the climate crisis. The report, which uses existing, open-source data to model the current trajectory for emissions stemming from the car industry, was carried out by global management c
GOTHENBURG, Sweden, January 09, 2023--Polestar Automotive Holding UK PLC ("Polestar" or the "Company," Nasdaq: PSNY), the Swedish electric performance car brand delivered approximately 21,000 vehicles in the fourth quarter of 2022, bringing the preliminary estimate for full year global volumes to 51,500 cars, up 80% year-on-year.
GOTHENBURG, Sweden, December 15, 2022--Smart Eye and Polestar will demonstrate the Polestar 3 driver monitoring system (DMS) at CES 2023 in Las Vegas in January 2023.
Polestar CEO Thomas Ingenlath joins Yahoo Finance Live to discuss the Polestar 3 SUV, U.S. electric vehicles and buyer preferences, manufacturing in the U.S. and China, and the outlook for the company.
In something of a change this earnings season, an electric carmaker (other than Tesla) actually reported a profit for the quarter. Polestar, the Swedish-based company backed by Volvo and China’s Geely, reported its first net profit as a public company since completing its SPAC merger earlier this year.
Yahoo Finance’s Pras Subramanian joins the Live show to discuss the rise in stock for Polestar following third-quarter earnings.
GOTHENBURG, Sweden, November 03, 2022--Polestar Automotive Holding UK PLC ("Polestar" or the "Company," Nasdaq: PSNY), the Swedish electric performance car brand, announces that it has received further commitments for financial and liquidity support from its two major shareholders.
Yahoo Finance reporter Pras Subramanian details the latest news about Polestar's electric SUV and EV maker Lucid stating it will meet its 2022 production targets.
Polestar officially took the wraps off its latest creation, the Polestar 3 electric SUV. The stats are quite impressive, but what’s even more intriguing is where the Polestar 3 will be made. “Polestar 3 is a powerful electric SUV that appeals to the senses with a distinct, Scandinavian design and excellent driving dynamics," said Polestar CEO Thomas Ingenlath in a statement. "It takes our manufacturing footprint to the next level, bringing Polestar production to the United States. We are proud and excited to expand our portfolio as we continue our rapid growth."
Tesla looks to be an early hit on the Hertz platform, said Hertz CEO Stephen Scherr.
Tesla is poised to be a big winner from the Inflation Protection Act, one analyst says.
Autos reporter Pras Subramanian details car manufacturer Dodge's plans to discontinue the Charger and Challenger, while the luxury EV Polestar 6 is set to launch in 2026.