Polestar Automotive: Initiation Of Coverage – What Are The 3 Biggest Hindrances In Its Path For Profitable Growth? 

This is our first report on Polestar. The company saw their highest-ever delivery volume for the Q3 2023 period. The said period witnessed record deliveries of 13,976 vehicles, representing a growth of 51% compared to the same period in the previous year. With this, Polestar has achieved total deliveries of 41,817 cars in the first nine months of the year, which is a growth of 37% compared to the same period last year. Of particular note is the fact that Polestar 2’s deliveries have begun to ramp up, signalling a stronger second half compared to the first.