Polestar Automotive Holding UK PLC (PSNY)

[Nikodemos]

Shorts got CLEARED OUT, NOW BACK UP to our previously scheduled RUN !!




Polestar Automotive Holding PSNY 3Q 2022 Earnings Conference Call

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





[] MANY Car Design Awards including 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 the NEW P 6









Fri NEW Trade Show!