The Polestar 1 was a gorgeous two-door coupe, but it had the wrong powertrain to launch a new EV brand. It also set the tone for the company's model names to be effectively meaningless.
If you’re still following, there’s another leg to the story of the car you see on these pages, the Polestar 1. In 2013, Volvo unveiled its Concept Coupe at the Frankfurt motor show.
Designed as a halo car and responsible for kicking off the nascent electric vehicle (EV) brand, the Polestar 1 is simultaneously an amazing vehicle and a head scratcher. As Polestar says ...
Being an EV-only brand in 2025 looks to be a harder job than once anticipated, and for Polestar that's doubly hard given the ...
It even abruptly replaced its CEO and CFO last September. All those problems caused Polestar's stock price to plunge to about $1. But with an enterprise value of $5 billion, it trades at less than ...
As a reminder, Polestar previously reported a working capital deficit of $1.2 billion at the end of June 2024. Polestar's financial situation remains extremely troubling. The company had just over ...
Image source: Polestar. All those problems caused Polestar's stock price to plunge to about $1. But with an enterprise value of $5 billion, it trades at less than 1 times its 2025 sales.
Polestar became a penny stock over the past few years. It’s struggled with macro, competitive, and management issues. Its stock looks cheap, but it might deserve that discount valuation. At the ...
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