Polestar Automotive (Nasdaq: Psny) He disappointed a lot of investors since his debut in June 2022. The manufacturer of electric vehicles (EV) went out to the public by connecting with a special purpose procurement company (SPAC), and began to trade at $ 12.98 per share.
At that time, investors were impressed with his three core forces: he supported him Gelywith (OTC: Gelyy) Volvo, already produced thousands of vehicles every year and had a clear plan for the future. Unfortunately, his growth slowed down, delayed his new triggering of the vehicle and had to revise his statements to deal with some significant accounting errors. He even suddenly replaced his executive director and CFO last September.
All these problems caused the price of Polestar shares to be reduced to around $ 1. But s the value of the company Of the $ 5 billion, it trades less than 1 times over 2025 sales. Will it increase in the next 12 months or will it fall below $ 1?
Polestar sells three top -notch EV. He launched a compact Polestar 2 2020 and expelled SUVs of the SUV of Medium Size Polestar 3 and Polestar 4 Compact Coupe SUV 2024. Its deliveries increased 80% in 2022, but only increased 6% in 2023. The total revenue decreased by 3% 2023, as the war prices have reduced its price price prices.
This sudden slowdown is caused by the limitations of the supply chain, firmer macrones and competitive winds on the EV -A -I -S She also delayed the report of her annual report for 2023 to correct to correct some accounting errors. This audit resulted in the renewal of its finances for 2021 and 2022.
Polestar then hired Michael Lohscheller – who had previously led two more controversial EV manufacturers, Nicholas and VinFast Auto – As his new executive director last October. That divided meeting did not chase the bears.
Polestar has also produced most of its vehicles in China earlier, which has exposed it to high tariffs in the Chinese EV in the USA -UI Europe. In order to avoid these tariffs, he began to compile an American version of Polestar 3 in the Volvo factory in South Carolina. He also plans to produce more of his upcoming vehicles in Europe and South Korea. However, this strategy for the renunciation of tariffs could reduce its margins with higher labor costs.
Polestar plans to launch its next vehicle, Polestar 5 Grand Tourer, in the second half of 2025. He plans to enter France throughout the year and almost triple his annual delivery to 155,000 vehicles. Based on these bold claims – which we should definitely take with grain of salt – analysts expect his revenue to jump to $ 166% to $ 5.3 billion.
