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Its shares closed the day nearly 11% higher in price, easily trouncing the 1.3% increase of the S&P 500 index. Motoring ahead. The manufacturer with the happy news was Polestar peer Rivian (NASDAQ ...
The Polestar 3, which will be delivered to customers this summer, also had a big price cut — from the original starting price of $83,900 to $73,400 — making it eligible for the federal EV tax ...
On the back of a fresh analyst price target cut, the company's shares took a nearly 12% hit to their price, a more precipitous decline than the 0.2% drop of the benchmark S&P 500 index. A 25% chop ...
The Polestar 2 is a battery electric 5-door liftback marketed by Polestar, ... The car had a starting suggested retail price of US$49,900 as of October 2021. [14]
What does this mean for Lucid, Rivian, and Polestar? Tesla sold 1.8 million EVs worldwide last year. Getting to 20 million by 2030 -- a more than 10x increase in volume -- was always an ambitious ...
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As for its Q3 numbers, Polestar reported revenue of $613 million, a jump of 41% from a year ago, with its gross profit slipping 11% to $3.6 million.Polestar said gross profit was hurt by ...
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