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Polestar Automotive Holding UK PLC reported an 84% revenue growth in the first quarter of 2025, alongside a positive gross margin improvement to 6.8%. The electric vehicle manufacturer narrowed its losses to $190 million by selling more high-margin newer models and implementing strategic cost cuts. Despite these operational improvements, Polestar's share price has declined by over 90% since its initial public offering.
NEWS: Polestar reported today Q1 2025 earnings. Losses reduced to $190 million. Polestar's 6.8% gross margin is a good example of how far it is from gross profitability to profitability (Rivian ...cough). Polestar's share price is down over 90% since IPO. Polestar is https://t.co/eIUSVZBdbh
Polestar losses narrowed in the first quarter as the electric-vehicle maker sold more of its newer models and cut costs https://t.co/cyPhqKiI3q
Wellgistics Health Reports 36% Revenue Growth in Q1 2025 as Manufacturer Access and Pharmacy Onboarding Accelerate $WGRX https://t.co/NXUXzgn0p2
