Polestar Powers Forward: Margin Turns Positive, Losses Shrink in Q1
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2025
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Source: Benzinga
Financial Performance: Polestar Automotive reported a significant first-quarter revenue increase of 84.2% year-over-year to $608 million, driven by higher retail sales and improved product mix, despite a net loss reduction from $276 million to $190 million.
Market Position and Outlook: CEO Michael Lohscheller emphasized the company's growth in car sales and margins, highlighting a positive gross margin of 7%, while acknowledging challenges in the geopolitical environment and market conditions.
Analyst Views on PSNY
About PSNY
POLESTAR AUTOMOTIVE HOLDING UK PLC (Polestar) is a Swedish-based electric vehicle manufacturer. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
