Exchange: NASDAQ·Updated 05:18 AM EDT
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PSNY Polestar Automotive Holding UK PLC

$3.35
$0.03
(0.89%)
Pre-Market
Prev Close $3.38
EarningsNov 12
Mkt Cap$551.9M
Vol183.00

About PSNY

Polestar Automotive Holding UK Plc is the Swedish electric performance car brand that engages in the research, development, marketing, commercialization, and sales of battery electric vehicles and related technology solutions. It offers Polestar 2 (PS2), a premium fast-back sedan, the Polestar 3 (PS3), a luxury aero sport-utility vehicle, the Polestar 4 (PS4), a premium sport utility vehicle, the Polestar 5 (PS5), a luxury sport grand-touring sedan, and the Polestar 6 (PS6), a luxury roadster. The company was founded on September 15, 2021 and is headquartered in Gothenburg, Sweden.
61

Bullish Sentiment

How do you feel about PSNY?

ElvishElvis
$PSNY down 16% today. Down about 59% in a month. I've stopped checking the chart and started checking my blood pressure. WTF, Polestar.
4
BallsOfPowder2
$PSNY 700 mil market cap LOL. $PSNY vs $LCID Two EV company's , one delivered much more cars (10x) then the other and wasn't hyped as much and went so hard down as the other but has almost only half market cap What a joke !!!
2
Mustafa_B
$PSNY over here in East London, UK. Spotted this beauty. No idea the model, but polestar cars are honestly the most visually appealing compared to anything in their market. I did sell my position during the stock split but a real shame what’s happened to investors money.
6
Alpha_Instinct09
$PSNY $LCID This is how WS makes money....hundreds of worthless companies that gambling retail buys and losses all their money. Only ones that make money are shorts.
1
3
KryptonResearch14
$PSNY Polestar called Q3 its best third quarter ever. The math underneath says something else. Total retail sales rose 1 percent to 14,371 cars. But sales outside the US fell 8 percent to 12,211. Back out the two and the US did about 2,160 units, more than double the 966 a year ago. All the growth came from the market about to close. Washington's connected-vehicle rules block the China-linked EV maker from selling new cars in the US from model year 2027. The quarter reads like a clearance sale: discounted stock moving ahead of the US exit. Strip that out and the durable business shrank 8 percent. The pivot is Europe, the Busan-built Polestar 4 shipping in Q4, and the Polestar 7 headed for Volvo's factory in Slovakia. Management already cut full-year volume guidance in September. Watch the ex-US line. That is the whole thesis now.
1
2
TheRealMustafa
$PSNY I’m going to chat to Polestar people this Weekend. Does anyone here know or have a well educated guess at what’s going on? I’ll explore all feasible possibilities and ignore the usually nonsense.
4
V12orV8
$PSNY This reeks of Mullen Automotive. Anything could be happening behind the scenes to steal money
4
Randytheripper
$PSNY every fucking day. Down 98% from it's offering price and it still continues to go down. in 9 months this stock is down from roughly $20 per share to damn near $6.
4
tannersteele
$PSNY they showed their concept car and talked about their future in an event for investors two weeks ago. Down 20% since then. Safe to assume that investors was not too impressed.
4
wahoowa96
$PSNY $PSNY $LCID Who's real owner of the Swedish car company? Not interested in Chinese replica from stolen IPs.
1
Randytheripper
$PSNY 16 fucking cents per share. Thats the pre split price. This is priced for bankruptcy. Sells more cars in 3 months than Lucid sells in a year and sells just as many as Rivian. I just don't get it. $3 billion in sales with an $800 million market cap.
3
tannersteele
$PSNY sales so far in October is -33%. 21 brands sell more cars in Europe. They used to be in the top 10, not anymore. October sales can be below 3000. Their revenue is 130-150 million and they need to do that in profit just to break even. They are low on cash. I expect some news before November about their future.
2
D711
$PSNY Do we need to do flying cars before the stock can go up? C'mon Michael. Looks like another RS is coming. Elon loves hot wheels.
2
D711
$PSNY Riots in France dragging down anything European based including Polestar. They just can't get a break inmo.
1
Freestyle321
$PSNY I love the car. I just bought one in Florida $25,000 off. Polestar are taking massive losses on each car. .
2
WallstreetRegard
$PSNY this company is done. Geely bailing means there is no buffer, no backup. Absolutely fucked. Love my PS4 though
2
MidasTouch2
$PSNY breaks my heart, loved the idea of these guys doing well but I don't think salad ads will cut it. CEO needs to be hyper aggressive not just opening dealerships but brand equity.
2
texas__red
$PSNY Mango man fucked up the whole industry out of spite for the historic investments and policy actions to expand renewable energy by the biden administration. Don the con prefers oil, coal. Dirty likes dirty.
2
Randytheripper
$PSNY The market cap is now less than 1 quarter of revenue. The main issue now is the company still needs funding soon and the share price has been beaten down more than 75% from the reverse split price. the last time they diluted it was at a share price of just under $20 per share. Now it's trading under $4. The question now is does Geely just let the company go bankrupt and scoop up the remains or do they take the company private. I'm guessing bankruptcy makes more sense because if they take the company private they'll be stuck with the current debt.
1
sheismybaby
$PSNY Well well well, I warned thousands for this scam. I only got hate though :). Literally millions would have been saved if some just listened. Never bet against the king. It is no 0.13 pre-reverse split. I said at despac it will go to 1-2 dollar and then fold, but it is still rocking, just lower and lower. I am pretty sure it is over soon, Li Shufu will take it out the back and end its misery with one blow.
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