Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

Polestar Automotive Holding Uk Plc PSNY

Consumer Discretionary
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles and related technology solutions. The company offers battery electric vehicles, including Polestar 2 (PS2), a fast-back sedan; Polestar 3 (PS3), an aero sport-utility vehicle; Polestar 4 (PS4), a sport utility vehicle; Polestar 5 (PS5), a sport grand-touring sedan; and Polestar 6 (PS6), a roadster. It also provides vehicle accessories; software and performance engineered kits; and carbon credits, as well as vehicle leasing. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.


NDAQ:PSNY - Post by User

Polestar Automotive Holding Uk Plc
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(2)
•••
  • martinboyX
Post by martinboyon Aug 03, 2024 4:42am
107 Views
Post# 36162562

Unlikely to climb with no news. 50% chance to hold ...

Unlikely to climb with no news. 50% chance to hold ...There are no obvious and instant good news on the radar. Where will they sell cars in Q3 (with no import taxes) ? ... only in Europe and China. End of summer Polestar 3 will be "starting" production in the US. Means selling only in Q4. Until then ? Likely to test the low 60s and fall below due to short selling ? If so, then a 1:10 reverse split scenario might be possible. Then they will comply with the 1$ listing as well.
Not sure why Geely or anyone not announcing any further financial support at such low prices. They might not need such support instantly, but could defend the stock against short selling and further downgrades. What do you think ?

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities