Why Biden's tariffs on Chinese EVs will have little immediate impact on the US auto market
- President Biden's Tariffs on Chinese Goods: President Biden announced new tariffs on Chinese goods, particularly targeting electric vehicles (EVs) made in China.
- Impact on EV Sales in America: The increase in tariffs on Chinese-made EVs may not significantly affect the American auto market due to the limited number of Chinese EVs sold in the U.S.
- Support for Tariffs: The move to impose tariffs on Chinese EVs is supported by the auto industry's main lobbying arm and the United Auto Workers (UAW).
- Concerns and Backdoor Entry: Critics worry that the high import tariffs could hinder sales and slow the adoption of climate-friendly technology. There are suggestions that Chinese brands may establish production facilities outside of China to circumvent the tariffs.
- Debate on Tariff Extremity: While some believe protection from Chinese EV imports is necessary, others argue that the tariffs are too extreme and could have negative consequences on the American consumer and the uptake of green technology.
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Polestar Automotive Holding UK PLC - Price Target for Depositary Receipt (PSNYW) Raised by 2,900.16% to 13.16
Revised Price Target: The average one-year price target for Polestar Automotive Holding UK PLC has been increased to $13.16 per share, reflecting a significant rise of 2,900.16% from the previous estimate of $0.44.
Analyst Target Range: Current analyst targets for Polestar range from a low of $13.03 to a high of $13.55 per share, indicating a 139.25% increase from the last reported closing price of $5.50.
Fund Sentiment: Thirteen funds are reporting positions in Polestar, with an average portfolio weight of 0.00%, although total shares owned by institutions have decreased by 27.50% to 1,024K shares over the last three months.
Shareholder Activity: Notable changes among shareholders include UBS Group and Hrt Financial both increasing their holdings by 100%, while the Healthcare Of Ontario Pension Plan Trust Fund reduced its shares by 60.03%.
Polestar Announces Q3 Revenue of $748 Million, Up from $550 Million Last Year
Q3 Financial Performance: Polestar reported a Q3 adjusted EBITDA loss of $259 million, compared to a loss of $176 million in the same period last year.
CEO's Statement: CEO Michael Lohscheller highlighted progress in commercial transformation, including expanding the dealer network and opening retail locations, which contributed to a 49% revenue growth in the first nine months of 2025.
Retail Sales Growth: The company achieved retail sales of 14,192 cars in Q3, marking a 13% increase.
Market Challenges: Despite the growth, Polestar acknowledges ongoing challenging market conditions and is focused on improving organizational efficiency.
Polestar Gets Nasdaq Warning for Failing to Meet Minimum Bid Price Requirements
Compliance Notice: Polestar Automotive Holding received a notice from Nasdaq indicating it is not in compliance with the $1.00 minimum bid price requirement.
Regaining Compliance: The company has until April 29, 2026, to regain compliance by maintaining a share price of $1.00 or more for ten consecutive business days.
Impact on Trading: The notice does not affect the listing or trading of Polestar's securities, which will continue on Nasdaq.
Potential Extension: If Polestar fails to meet the compliance deadline, it may be granted an additional 180-day period to achieve the required share price.
What distinguishes Plex from other streaming services?
Plex's AVOD Service: Plex CEO Keith Valory highlights the success of their ad-supported video on demand (AVOD) service, which gained popularity during the COVID lockdowns and continues to thrive as consumers seek more affordable streaming options.
Content Accessibility and User Experience: Valory emphasizes Plex's commitment to being a primary source for content, allowing users to access their personal media libraries and directing them to other platforms like Netflix when necessary, rather than solely promoting its own catalog.
Two Auto Stocks Show Signs of Weakness as Momentum Scores Decline
Decline in Auto Stocks' Momentum: Two auto stocks, Polestar Automotive and Stoneridge Inc., have experienced significant declines in their Momentum scores over the past week, indicating a loss of strength in their market performance.
Polestar Automotive's Struggles: Polestar's Momentum score plummeted from 80.69 to 25.7 due to a widening net loss of $1.19 billion in Q2 and a warning about its ability to continue operations without restructuring or additional funding.
Stoneridge Inc.'s Performance Issues: Stoneridge's Momentum score dropped from 83.32 to 35.31, primarily due to disappointing second-quarter results and challenges from unfavorable currency movements, tariffs, and a costly product mix.
Overall Market Trends: Despite the declines in Momentum and Growth rankings, both companies maintain a favorable price trend in the short, medium, and long term according to Benzinga’s Edge Rankings.
Polestar retail sales climb 38% Y/Y in Q2
Sales Growth: Polestar reported a 38% increase in car sales in Q2 2025, with approximately 18,049 vehicles sold, and a total of about 30,319 vehicles sold in the first half of 2025, marking a 51% year-over-year growth.
Stock Performance: Following the positive sales report, Polestar's shares rose by 2.75% in premarket trading on Thursday.
Polestar Automotive Holding UK PLC - Price Target for Depositary Receipt (PSNYW) Raised by 2,900.16% to 13.16
Revised Price Target: The average one-year price target for Polestar Automotive Holding UK PLC has been increased to $13.16 per share, reflecting a significant rise of 2,900.16% from the previous estimate of $0.44.
Analyst Target Range: Current analyst targets for Polestar range from a low of $13.03 to a high of $13.55 per share, indicating a 139.25% increase from the last reported closing price of $5.50.
Fund Sentiment: Thirteen funds are reporting positions in Polestar, with an average portfolio weight of 0.00%, although total shares owned by institutions have decreased by 27.50% to 1,024K shares over the last three months.
Shareholder Activity: Notable changes among shareholders include UBS Group and Hrt Financial both increasing their holdings by 100%, while the Healthcare Of Ontario Pension Plan Trust Fund reduced its shares by 60.03%.
Polestar Announces Q3 Revenue of $748 Million, Up from $550 Million Last Year
Q3 Financial Performance: Polestar reported a Q3 adjusted EBITDA loss of $259 million, compared to a loss of $176 million in the same period last year.
CEO's Statement: CEO Michael Lohscheller highlighted progress in commercial transformation, including expanding the dealer network and opening retail locations, which contributed to a 49% revenue growth in the first nine months of 2025.
Retail Sales Growth: The company achieved retail sales of 14,192 cars in Q3, marking a 13% increase.
Market Challenges: Despite the growth, Polestar acknowledges ongoing challenging market conditions and is focused on improving organizational efficiency.
Polestar Gets Nasdaq Warning for Failing to Meet Minimum Bid Price Requirements
Compliance Notice: Polestar Automotive Holding received a notice from Nasdaq indicating it is not in compliance with the $1.00 minimum bid price requirement.
Regaining Compliance: The company has until April 29, 2026, to regain compliance by maintaining a share price of $1.00 or more for ten consecutive business days.
Impact on Trading: The notice does not affect the listing or trading of Polestar's securities, which will continue on Nasdaq.
Potential Extension: If Polestar fails to meet the compliance deadline, it may be granted an additional 180-day period to achieve the required share price.
What distinguishes Plex from other streaming services?
Plex's AVOD Service: Plex CEO Keith Valory highlights the success of their ad-supported video on demand (AVOD) service, which gained popularity during the COVID lockdowns and continues to thrive as consumers seek more affordable streaming options.
Content Accessibility and User Experience: Valory emphasizes Plex's commitment to being a primary source for content, allowing users to access their personal media libraries and directing them to other platforms like Netflix when necessary, rather than solely promoting its own catalog.
Two Auto Stocks Show Signs of Weakness as Momentum Scores Decline
Decline in Auto Stocks' Momentum: Two auto stocks, Polestar Automotive and Stoneridge Inc., have experienced significant declines in their Momentum scores over the past week, indicating a loss of strength in their market performance.
Polestar Automotive's Struggles: Polestar's Momentum score plummeted from 80.69 to 25.7 due to a widening net loss of $1.19 billion in Q2 and a warning about its ability to continue operations without restructuring or additional funding.
Stoneridge Inc.'s Performance Issues: Stoneridge's Momentum score dropped from 83.32 to 35.31, primarily due to disappointing second-quarter results and challenges from unfavorable currency movements, tariffs, and a costly product mix.
Overall Market Trends: Despite the declines in Momentum and Growth rankings, both companies maintain a favorable price trend in the short, medium, and long term according to Benzinga’s Edge Rankings.
Polestar retail sales climb 38% Y/Y in Q2
Sales Growth: Polestar reported a 38% increase in car sales in Q2 2025, with approximately 18,049 vehicles sold, and a total of about 30,319 vehicles sold in the first half of 2025, marking a 51% year-over-year growth.
Stock Performance: Following the positive sales report, Polestar's shares rose by 2.75% in premarket trading on Thursday.
