Highlights of 1st Quarterly Earnings Call:
[] June 2022 listing on Nasdaq
[] Recently secured $1.6B financing package
[] Q1 projected = STRONGEST Quarter Yet
[] Hertz Polestar Fleet Deal for 65,000 cars (in 5yrs)
[] Already in 7 countries, supporting Hertz initiative
[] Polestar 3 SUV debut in Copenhagen https://www.polestar.com/us/polestar-3/
[] 100,000 P2's out of factory (major
[] 1 of 2 Global EV producers already in MASS PRODUCTION
[] Car Design Award 2022 Best Brand
[] 27 active markets A REALITY,... not an aspiration.
[] Volvo backbone support provides design, innovation, sustainability & factory support
[] DEMAND remains STRONG
[] 800,000 on-line viewers for P3 SUV debut https://www.polestar.com/us/polestar-3/
INSTITUTIONAL OWNERSHIP TRENDING.... UP!
[] 33,424cars already delivered GLOBALLY
[] 9,239 in Q3
[] On target for 50,000 deliveries by eoy 2022
[] 27 markets on 4 continents
[] 128 location
[] 1,000 service points
[] Remaining 22,000 cares already produced & en-route to customer-markets
[] Revenue UP 98% to $1.48B (from $748M in 2021)
[] Gross margin increase during this time from .01% to 3.91%
[] Net income up to +$292M
[] Supply-chain constraints for Q4 expected to remain but revenues expected to be = to Q3
MORE from Polestar @ Trade Show!
And,... INTRODUCING..... the NEW P 6 .... Sick!
Recent PSNY News
- Polestar and StoreDot Successfully Charge Polestar 5 Prototype From 10-80% in 10 Minutes • Business Wire • 04/29/2024 11:00:00 AM
- Coca-Cola and Microsoft Sign Billion-Dollar Agreement, Apple Event Set for May 7, and More News • IH Market News • 04/24/2024 11:28:02 AM
- Polestar Announces Global Volumes for the First Quarter; Growing Line-Up of Luxury SUVs to Drive Revenue and Margin Progression • Business Wire • 04/11/2024 11:00:00 AM
- Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News • IH Market News • 03/28/2024 01:48:04 PM
- Lilium Names Johan Malmqvist as Chief Financial Officer • GlobeNewswire Inc. • 03/25/2024 12:30:00 PM
- Polestar Showcases Growing Line-Up of Performance SUVs in New York • Business Wire • 03/21/2024 12:00:00 PM
- U.S. Futures Dip as PCE Data Looms; Modest Gains for WTI and Brent Crude in April Contracts • IH Market News • 02/29/2024 11:13:07 AM
- Shares of WW International Plummet after Oprah Exits, EA Announces Workforce Reduction and Restructuring Plan, and Latest News • IH Market News • 02/29/2024 11:11:43 AM
- Polestar secures USD 1 billion external funding; business outlook confirmed • Business Wire • 02/28/2024 02:18:00 PM
- Polestar Welcomes Geely’s Long-Term Commitment to Its Development and Growth as an Independent Exclusive Performance Brand • Business Wire • 02/01/2024 06:34:00 AM
- Wall Street Highlights: DocuSign Acquisition Battle, Tesla Berlin Production Halt, and More • IH Market News • 01/12/2024 11:10:50 AM
- Polestar announces global volumes for the fourth quarter, including a strong start to Polestar 4 deliveries • Business Wire • 01/11/2024 09:05:00 PM
- Polestar announces Board and Management appointments • Business Wire • 01/11/2024 09:05:00 PM
- Polestar 4 production starts; first customer deliveries expected before end of 2023 • Business Wire • 11/15/2023 08:00:00 AM
- Friday’s Wall Street Highlights: The Trade Desk, Unity, Groupon, Diageo, Plug Power, and more • IH Market News • 11/10/2023 03:14:29 PM
- Thursday’s Wall Street Highlights: Nvidia, Duolingo, Disney, Virgin Galactic, Applovin, and more • IH Market News • 11/09/2023 12:02:14 PM
- Polestar presents strengthened business plan and funding update • Business Wire • 11/08/2023 09:00:00 PM
- Polestar Releases Third Quarter 2023 Financial Results • Business Wire • 11/08/2023 09:00:00 PM
- Wednesday’s Wall Street Highlights: HP, Walgreens, Fresenius Medical, Silk Road, and More • IH Market News • 10/11/2023 11:21:56 AM
- Polestar Day to Feature Future Technologies and Full Model Line-Up in Los Angeles on November 9 • Business Wire • 10/09/2023 11:00:00 AM
- Keep An Eye Out: Pre-Market Movers And Recommendations • IH Market News • 10/05/2023 01:25:02 PM
- Polestar Achieves Record Third Quarter Deliveries, up 50% Year-on-Year; Expects Higher Margins for the Remainder of 2023 • Business Wire • 10/05/2023 11:00:00 AM
- Thursday’s Wall Street Highlights: UBS, Microsoft, Shopify, Salesforce, Okta and more • IH Market News • 08/31/2023 11:20:00 AM
- Polestar Reports Results for the Second Quarter, Expects Continued Strong Momentum for the Rest of the Year • Business Wire • 08/31/2023 11:00:00 AM
- ECARX to collaborate with Mobileye to Build Integrated Driver Assist Solution Expected to Make Global Debut on Polestar 4 electric SUV coupé • GlobeNewswire Inc. • 08/28/2023 11:00:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM