$PSNY

Polestar, a Swedish electric vehicle brand, expanded its Polestar Charge subscription service with new affordable tiers for fast charging discounts. The service now includes access to over 1.25 million charging points across Europe. The new Plus tier offers a 15% discount for EUR 7.99/month, while the Pro tier provides a 30% discount for EUR 14.99/month. Polestar aims to make EV charging more convenient and affordable, supporting its growth strategy in the electric vehicle market.

Tesla and Polestar sold 5,854 EVs in September, with Tesla accounting for 5,654. Model Y sales were 4,476, down from recent months but up 14% YoY. Model 3 sales surged 60% YoY to 1,178. Tesla announced a cheaper Model 3 RWD and price cuts for Model Y Performance. Polestar's Model 2 rebounded, while Model 4 slipped ahead of its SUV release.

Polestar (PSNY) cut its 2026 delivery forecast due to U.S. market restrictions, expecting low-to-mid single-digit growth. Q2 revenue fell 8% to $727M, missing estimates, with a net loss of $459M. The company recorded $130M in U.S. restructuring charges and raised $700M in equity. Shares dropped 16% on the news.

Polestar Automotive (PSNY) reported H1 2026 sales of $1.36B, down from $1.42B a year earlier, with a net loss of $842.45M. The company lowered its 2026 volume growth outlook to low-to-mid single digits. Shares have fallen 44.98% in the past 30 days and 62.22% in 90 days, closing at $7.84. The company faces challenges including high tariffs, pricing pressure, and competition.

Polestar Automotive (PSNY) shares rose 20% Friday as investors considered its upcoming vehicle lineup. The EV maker plans four new models by 2028, targeting high-demand segments. CEO Michael Lohscheller expects low double-digit volume growth in 2026. Retail sales grew 34% in 2025. PSNY stock is down 30% over the past year.

Polestar (PSNY) shares fell 6% after Deutsche Bank cut its price target to $10, citing an uncertain outlook. The EV maker's shares are on track for a fourth down week. Polestar reported a 4.3% revenue decline to $1.36B in H1, with a narrowed operating loss of $629M. The company reduced its 2026 volume growth outlook and will not appeal a U.S. ban on new-model sales, impacting 6% of its retail sales.

Polestar Automotive Holding UK reported a 4.4% sales decline and a narrower net loss for H1 2026. The company revised its 2026 volume outlook to low to mid single-digit growth, signaling a shift to quality-driven expansion. Management focuses on pricing discipline, cost reductions, and higher-margin items. The company projects $7.5B revenue and $170.4M earnings by 2029, but analysts warn of potential funding needs and dilution risks.

Polestar Automotive Holding UK PLC (PSNY) reported a narrower net loss of $842M for H1 2026, down 29.4% YoY, but revenue fell to $1.36B. Shares dropped 10.01% in pre-market trading. The company revised its 2026 volume growth guidance downward.

Polestar Automotive stock fell 8.3% pre-market after cutting its full-year delivery outlook due to U.S. market exit. The company reported a narrowed operating loss and record sales but revenue declined. Analysts remain skeptical about its profitability path. The stock is near its 52-week low of $11.75.

Polestar (PSNY) reported H1 2026 retail sales of 30,423 cars, a 39% year-on-year growth in its retail network. Despite revenue declining 4% to $1.36B due to pricing pressures and U.S. restructuring, operating loss reduced by 43%. Cash position stood at $888M. Guidance updated to low-to-mid single-digit volume growth. U.S. operations impacted results, adding $211M to operating loss.