Polestar Performance Overview
- Year Founded
-
1996
- Status
-
Public
- Employees
-
2,515
- Stock Symbol
-
PSNY
- Investments
-
3
- Share Price
-
$1.63
- (As of Wednesday Closing)
Polestar 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
Website
www.polestar.comCorporate Office
- Assar Gabrielssons Vag 9
- 418 78 Gothenburg
- Sweden
Corporate Office
- Assar Gabrielssons Vag 9
- 418 78 Gothenburg
- Sweden
Polestar Performance Timeline
Polestar Performance Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.63 | $1.71 | $0.61 - $2.94 | $3.44B | 2.11B | 13.4M | -$0.68 |
Polestar Performance Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 4,466,084 | 6,787,450 | 11,477,037 | |
| Revenue | 2,065,290 | 2,378,562 | 2,444,105 | 1,346,347 |
| EBITDA | (1,126,228) | (912,758) | (234,985) | (710,723) |
| Net Income | (1,423,088) | (1,194,831) | (477,455) | (969,298) |
| Total Assets | 3,832,251 | 4,121,304 | 3,934,410 | 3,309,693 |
| Total Debt | 0 | 3,575,144 | 1,439,910 | 732,985 |
Polestar Performance Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Polestar Performance Comparisons
Industry
Financing
Details
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000000
Polestar Performance Competitors (46)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rivian Automotive | Pending Transaction (Debt) | Irvine, CA | 00000 | 000.00 | 000000000 | 000.00 |
| Jaguar Land Rover Automotive | Corporate Backed or Acquired | Coventry, United Kingdom | 00000 | 00.000 | 000000000000 | 00.000 |
| Li Auto | Formerly VC-backed | Beijing, China | 00000 | 00.000 | 000000 - 000 | 00.000 |
| Lucid Group | Formerly PE-Backed | Newark, CA | 0000 | 00.00 | 000000000 | 00.00 |
| Peugeot (Suisse) | Corporate Backed or Acquired | Zurich, Switzerland | 00 | 000000&0 |
Polestar Performance Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Polestar Performance Patents
Polestar Performance Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240297360-A1 | Electric vehicle battery pack | Pending | 02-Mar-2023 | 0000000000 | |
| EP-4425647-A1 | An electric vehicle battery pack | Pending | 02-Mar-2023 | 0000000000 | 0 |
| EP-4417832-A1 | A brake pad assembly | Pending | 15-Feb-2023 | 0000000000 | 0 |
| US-20240271674-A1 | Brake pad assembly | Pending | 15-Feb-2023 | 0000000000 | |
| EP-4403408-A1 | Battery pack control method and system | Pending | 18-Jan-2023 | B60L58/19 | 0 |
Polestar Performance Executive Team (16)
| Name | Title | Board Seat |
|---|---|---|
| Jonathan Goodman | Chief Executive Officer, United Kingdom & Head of Global Communications | |
| Per Ansgar | Chief Financial Officer, Finance | |
| Dennis Nobelius | Chief Operating Officer, Operations | |
| Lutz Stiegler | Chief Technology Officer | |
| Åsa Borg | Chief Marketing Officer & Executive, Brand & Marketing |
Polestar Performance Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000000 00 | Self | Board Member | 000 0000 |
| 0000000 00 | Self | Board Member | 000 0000 |
| 00000 00000 | Volvo Car | Board Member | 000 0000 |
| 00000 0000000 | Self | Board Member | 000 0000 |
| 0000-000000 000000 | Self | Board Member | 000 0000 |
Polestar Performance Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Polestar Performance Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Polestar Performance Investments & Acquisitions (3)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Joint Venture (Polestar / Xingji Meizu) | 19-Jun-2023 | 00000 0000 | Other Equipment | 000000 00 | |
| Gores Guggenheim | 24-Jun-2022 | 0000000000 | Special Purpose Acquisition Company (SPAC) | 000000 00 | |
| StoreDot | 01-May-2022 | Later Stage VC | 0000 | Electrical Equipment |
Polestar Performance Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Polestar Automotive Ireland | Specialty Retail | Sandyford, Ireland | 2021 |
| Polestar Automotive Netherlands | Specialty Retail | Beesd, Netherlands | 0000 |
| Polestar Automotive Denmark | Specialty Retail | Soeborg, Denmark | 0000 |
| Polestar Automotive Belgium | Distributors/Wholesale | Brussels, Belgium | 0000 |
| Polestar Automotive Norway | Specialty Retail | Fornebu, Norway | 0000 |
Polestar Performance ESG
Risk Overview
Risk Rating
Updated April, 10, 2024
17.26 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,421
Rank
Percentile
Automobiles
Industry
00 of 91
Rank
Percentile
Automobiles
Subindustry
0. of 79
Rank
Percentile
Polestar Performance FAQs
-
When was Polestar Performance founded?
Polestar Performance was founded in 1996.
-
Who is the CEO of Polestar Performance?
Jonathan Goodman and Thomas Ingenlath are the CEOs of Polestar Performance.
-
Where is Polestar Performance headquartered?
Polestar Performance is headquartered in Gothenburg, Sweden.
-
What is the size of Polestar Performance?
Polestar Performance has 2,515 total employees.
-
What industry is Polestar Performance in?
Polestar Performance’s primary industry is Automotive.
-
Is Polestar Performance a private or public company?
Polestar Performance is a Public company.
-
What is Polestar Performance’s stock symbol?
The ticker symbol for Polestar Performance is PSNY.
-
What is the current stock price of Polestar Performance?
As of 18-Sep-2024 the stock price of Polestar Performance is $1.63.
-
What is the current market cap of Polestar Performance?
The current market capitalization of Polestar Performance is $3.44B.
-
What is Polestar Performance’s current revenue?
The trailing twelve month revenue for Polestar Performance is $2.07B.
-
Who are Polestar Performance’s competitors?
Rivian Automotive, Jaguar Land Rover Automotive, Li Auto, Lucid Group, and Peugeot (Suisse) are some of the 46 competitors of Polestar Performance.
-
What is Polestar Performance’s annual earnings per share (EPS)?
Polestar Performance’s EPS for 12 months was -$0.68.
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