SDF Chatter
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
vga@sopuli.xyz to Electric Cars@lemmy.caEnglish · 4 months ago

Polestar Q3 Results Miss Wall Street Estimates, Announces Reverse Stock Split

eletric-vehicles.com

external-link
message-square
3
link
fedilink
5
external-link

Polestar Q3 Results Miss Wall Street Estimates, Announces Reverse Stock Split

eletric-vehicles.com

vga@sopuli.xyz to Electric Cars@lemmy.caEnglish · 4 months ago
message-square
3
link
fedilink
Struggling EV maker Polestar reported on Wednesday its third quarter financial results, with revenue missing the Wall Street consensus estimate by about 12%.
alert-triangle
You must log in or register to comment.
  • vga@sopuli.xyzOP
    link
    fedilink
    English
    arrow-up
    2
    ·
    edit-2
    4 months ago

    Current Polestar stock is 1Y -54%, 5Y -95%. NASDAQ is talking about throwing them out of the market: https://eletric-vehicles.com/geely/polestar/polestar-q3-results-miss-wall-street-estimates-announces-reverse-stock-split/

    Comparison point: Tesla 1Y +30%, 5Y +154%.

    • Bluefalcon@discuss.tchncs.de
      link
      fedilink
      English
      arrow-up
      4
      ·
      4 months ago

      The entry point is too high. Used with 22k miles is $33k. That is a new car for most people, and a nivw one at that.

      • vga@sopuli.xyzOP
        link
        fedilink
        English
        arrow-up
        2
        ·
        4 months ago

        Yeah, I was considering Polestars at one point, but to get an equivalent of Tesla Model Y in terms of leg and boot space would been Polestar 3, and the price difference is not small.

Electric Cars@lemmy.ca

electriccars@lemmy.ca

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !electriccars@lemmy.ca

Discussion of EVs and the technology around them

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 12 users / day
  • 1 user / week
  • 26 users / month
  • 228 users / 6 months
  • 10 local subscribers
  • 808 subscribers
  • 64 Posts
  • 227 Comments
  • Modlog
  • mods:
  • OreoSpeedwagon@lemmy.ca
  • BE: 0.19.11
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org