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Polestar Automotive Holding Uk Plc PSNY

POLESTAR AUTOMOTIVE HOLDING UK PLC (Polestar) is a Swedish-based electric vehicle manufacturer. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.


NDAQ:PSNY - Post by User

Post by SkyProfit12on Nov 26, 2024 8:47am
18 Views
Post# 36330792

Is Polestar The Next EV Stock To Pop? Here's My Take 📊💥

Is Polestar The Next EV Stock To Pop? Here's My Take 📊💥

Alright, real talk, I’m a bit torn on $PSNY right now. On the one hand, they’re killing it in terms of brand recognition and luxury appeal. The vehicles are getting rave reviews, but on the other hand, the stock’s just been stuck in the mud lately. The macro environment is brutal with inflation, interest rates, and supply chain issues — and that’s weighing on Polestar too. I think we need to see a couple more quarters of strong delivery numbers before I go all in. If the Q4 report comes in solid, I’m ready to add more. If they miss, I’m cutting back my position. Polestar's got a shot at being a major player, but they gotta execute, plain and simple. Patience is key.

In the meantime, I’m also watching $BOLT for any signs of a biotech rally. If their clinical trials or partnerships pan out, this could be a solid short-term play for some quick gains. I’m not loading up yet, but I’ve got my finger on the trigger for when things look right.

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