EV Start-Up Polestar’s Earnings, Sales Fall Short. Why the Market Is Shrugging.

Electric-vehicle start-up Polestar's second-quarter sales and earnings fell short of Wall Street estimates, but the market is not reacting strongly because future guidance is perceived as more important.

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8/27/2023

Experts are witnessing a strange new phenomenon in the demand for electric cars: ‘We call it the ‘Field of Dreams’ moment’

Huge price reductions and increased availability are driving growth in the electric vehicle market, which saw record sales in 2023, as major manufacturers like Tesla, Ford, and General Motors lower their prices and pass on cost savings from raw materials to consumers.

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Polestar second-quarter loss widens as it ramps up EV deliveries

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Tesla Makes More Price Cuts to EVs, Hurting Margins But Aiming for More Demand

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