Trading at 87.5% below our estimate of its fair value
Revenue is forecast to grow 35.64% per year
Trading at good value compared to peers and industry
Risk: Negative shareholders equity Has less than 1 year of cash runway Currently unprofitable and not forecast to become profitable over the next 3 years Volatile share price over the past 3 months
Polestar has tried everything. Collaboration with Renault to "sublet" production plants (future plant in South Korea). Breakaway from Volvo. Lower prices for Polestar 3 and 4 cars. But nothing worked. The stock continues to sleep, brain-dead. The shorts keep piling up, day after day after day...
As a huge investor in this stock, I myself look away. I start buying a China ETF, Porsche, European stocks like Nestlé or Swatch or Zalando or Kering... no one in my entourage can hear about Polestar anymore haha