CtrlK
PSNY
NASDAQ
Automobiles
$19.46
USD
-$0.59 (-2.94%)
Last close
Market Cap:
$2.91B
Volume:
66.5K
Previous Close
$20.05
Day Range
$18.80 - $20.20
52 Week Range
$11.75 - $42.60
Average Volume (10 Days)
110K
P/E Ratio
0.00
Dividend Yield
0.00%
Polestar Automotive Holding UK Plc is the Swedish electric performance car brand that engages in the research, development, marketing, commercialization, and sales of battery electric vehicles and related technology solutions. The company is headquartered in Goeteborg, Vastra Gotalands and currently employs 1,686 full-time employees. The company went IPO on 2022-06-24. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.
CEO
Mr. Michael Lohscheller
Headquaters
Goeteborg, VASTRA GOTALANDS, SE
Founded
2022
Employees
1,686
Commerce Department denial shuts Polestar out of the US market entirely from model year 2027, forcing the brand to exit and redeploy capital to Europe. Volvo-same owner, same plant-granted authorization in May; US precedent now targets brands selectively.
0
0
Effective ban removes a 6% revenue market but eliminates future upside from the world's largest EV market. Holders face permanent valuation cap unless authorization reverses or non-US growth offsets lost strategic optionality.
0
0
Polestar Automotive Holding UK PLC stock drops 17% on Baltic expansion. Click for this updated look at PSNY stock after recent volatility.
Geely Term Facility Agreement Amendment On June 3, 2026, Polestar Automotive Holding UK PLC ("Polestar") and Geely Sweden Automotive Investment AB ("GSAI") entered into an amendment to the Term Facility