Polestar Automotive Holding UK Limited

Bear Flag Confirmed on $PSNY

By Maximus20000

Stock Following Disappointing Earnings.

Polestar second-quarter loss widens as it ramps up EV deliveries

Polestar lost $304 million in the second quarter, on revenue of $685 million.

EV deliveries were up 36% from a year ago.

The company is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next several months.

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