Polestar Reports Record Nine-Month Retail Sales
Polestar Automotive Holding reported an estimated third-quarter retail sale of 14,371 vehicles, a slight increase from the previous year. This brought its nine-month sales to a record high of 44,790 units. The results led Polestar's shares (PSNY:NASDAQ) to rise approximately 3% in premarket trading on Thursday, ending a six-day losing streak. The modest growth reflects continued challenges for the electric vehicle market amid broader economic and industry pressures. However, the record nine-month sales indicate some stabilization or improvement in consumer demand for Polestar's vehicles.
