Polestar Racing & Performance Overview

  • Founded
  • 1996

Founded
  • Status
  • Public

  • Employees
  • 2,377

Employees
  • Stock Symbol
  • PSNY

Stock Symbol
  • Investments
  • 2

  • Share Price
  • $3.34

  • (As of Friday Closing)

Polestar Racing & Performance General Information

Description

Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that are engineered to excite consumers and drive change. Polestar defines market-leading standards in design, technology, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely Holdings. Polestar has produced two electric performance cars namely Polestar 1 and Polestar 2. Geographically, it derives a majority of revenue from USA.

Contact Information

Formerly Known As
Flash Engineering
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Automotive
Stock Exchange
NAS
Primary Office
  • Assar Gabrielssons Vag 9
  • 405 31 Gothenburg
  • Sweden
+46 031-325 00 00

Polestar Racing & Performance Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Polestar Racing & Performance Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$3.34 $3.30 $3.14 - $13.36 $7.05B 2.11B 3.06M $0.01

Polestar Racing & Performance Financials Summary

In Thousands,
USD
TTM 31-Mar-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 8,473,211 11,477,037
Revenue 2,555,687 2,461,896 1,337,181 610,245
EBITDA 46,239 (220,761) (724,114) (231,944)
Net Income (200,276) (465,789) (1,007,454) (484,858)
Total Assets 3,983,470 3,942,451 3,309,693 2,548,564
Total Debt 1,765,399 1,452,543 732,985 436,517
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Polestar Racing & Performance Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Polestar Racing & Performance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that a
Automotive
Gothenburg, Sweden
2,377 As of 2022
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Newark, CA
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Irvine, CA
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Polestar Racing & Performance Competitors (50)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lucid Group (Automotive) Formerly PE-Backed Newark, CA 0000 00.00 00000000000
000000 Formerly VC-backed Irvine, CA 00000 000.00 00000000000 000.00
00 0000 Formerly VC-backed Beijing, China 00000 00.000 00000000 00.000
00000000000 Venture Capital-Backed Shanghai, China 0000 00.000 000000000000 00.000
000000000 00000 Corporation Sharonville, OH 000 000.00 000000 - 000 000.00
You’re viewing 5 of 50 competitors. Get the full list »

Polestar Racing & Performance Patents

Polestar Racing & Performance Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230163370-A1 System and method for rapidly discharging a battery cell during a thermal event Pending 23-Nov-2021 0000000000
US-20230163435-A1 Electrical connection cover Pending 23-Nov-2021 0000000000
US-20230158877-A1 Pyrotechnic brackets for electric vehicle Pending 23-Nov-2021 00000000
US-20230158936-A1 Integrated cupholder Pending 23-Nov-2021 000000000
US-20230163390-A1 Directionally controlled failure of electric vehicle battery tray Pending 23-Nov-2021 H01M50/242
To view Polestar Racing & Performance’s complete patent history, request access »

Polestar Racing & Performance Executive Team (9)

Name Title Board Seat Contact Info
Jonathan Goodman Chief Executive Officer, United Kingdom & Head of Global Communications
Johan Malmqvist Chief Financial Officer, Finance
Dennis Nobelius Chief Operating Officer, Operations
Jörg Brandscheid Chief Technology Officer
Thomas Ingenlath Chief Executive Officer & Board Member
You’re viewing 5 of 9 executive team members. Get the full list »

Polestar Racing & Performance Board Members (6)

Name Representing Role Since
0000000 00 Self Board Member 000 0000
00000 00000 Self Board Member 000 0000
00000 0000000 Self Board Member 000 0000
0000-000000 000000 Self Board Member 000 0000
000000 000000000 Self Chief Executive Officer & Board Member 000 0000
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Polestar Racing & Performance Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Polestar Racing & Performance Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Polestar Racing & Performance Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 0000000 24-Jun-2022 0000000000 Special Purpose Acquisition Company (SPAC) 000000 00
StoreDot 01-May-2022 Later Stage VC 0000 Electrical Equipment
To view Polestar Racing & Performance’s complete investments and acquisitions history, request access »