Polestar Automotive Aktie News

Polestar performed a reverse stock split to get above the minimum share price to be eligible for the Nasdaq exchange. The company is burning money, with no path to positive profitability anytime soon.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) (the “Company”) today announces that the effective date for the previously announced plan to change the ratio of its American Depositary Shares to ordinary shares will occur on 9 December 2025 (the “Effective Date”). Specifically, the Company's Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the “AD...

Exclusive: Swedish carmakers push to retain target as Germany lobbies to help its own industry by softening cutoff date

Sweden's Polestar on Friday said it would conduct a one-for-thirty reverse stock split of its American Depository Shares as the electric vehicle maker seeks to avoid a Nasdaq delisting.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) (the “Company”) today announces that it plans to change the ratio of its Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the “ADSs”) to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the “ADS Ratio”) from the current ADS Ratio of one (1) ADS to one (1) ordinary share, to a...

Polestar Automotive appears to have missed earnings this morning. Sales surged 49% through the first nine months of 2025, but Polestar's still losing money.

Polestar said on Wednesday it would conduct a reverse stock split - reducing the number of its existing shares while increasing their value - as the loss-making electric vehicle maker strives to retain its Nasdaq listing.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) reports select unaudited financial and operational results for the third quarter and first nine months of 2025. Michael Lohscheller, Polestar CEO, says: “We are making progress in our commercial transformation, expanding our dealer network and opening retail locations across our 28 markets, resulting in revenue growth of 49% in the fi...