Polestar (PSNY) Q1 2025 Earnings Call May 12, 2025 08:00 AM ET Company Participants Anna Gavrilova - Head of IRMichael Lohscheller - CEOJean-Francois Mady - CFO Conference Call Participants John Babcock - AnalystDaniel Röska - AnalystTobias Beith - Research AnalystAndres Sheppard - AnalystDan Levy - Senior Equity Research Analyst Operator Good day and thank you for standing by. Welcome to the Pulsar Q1 twenty twenty five Results Conference Call. At this time, all participants are in a listen only mode. Afte ...

Polestar (PSNY) Q1 2025 Earnings Call May 12, 2025 08:00 AM ET Speaker0 Good day and thank you for standing by. Welcome to the Pulsar Q1 twenty twenty five Results Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press 1 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...

Core Points - Polestar is recalling over 27,800 Polestar 2 electric vehicles in the U.S. due to rearview camera display issues that may not show an image while reversing [1][2] - The recall affects 2021-2025 Polestar 2 models produced between July 2020 and late November 2022 [2] - The issue is attributed to a synchronization error between the Parking Assist Camera and the Infotainment Head Unit [2][4] Recall Details - Owners of the recalled vehicles will receive notification letters about the recall on June 19 [3] - The problem will be addressed through a software update that ensures a stable high-speed signal connection and includes a reset feature for the video signal receiving hardware [4] - Polestar 2 was first introduced in the U.S. market in 2020, but the company no longer manufactures this model for the U.S. [5] Company Overview - Polestar is a Swedish electric vehicle manufacturer that sells its products in 27 markets globally [5][6]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Polestar Automotive Holding UK PLC securities between November 14, 2022, and January 16, 2025, of the March 31, 2025, deadline to become lead plaintiffs in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Polestar securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 31, 2025 [3]. - The lawsuit alleges that Polestar made materially false and misleading statements regarding its financial statements, internal control weaknesses, and overall business prospects during the Class Period [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Polestar To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Polestar between November 14, 2022 and January 16, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 26, 2025 ...

LOS ANGELES, March 25, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Polestar Automotive Holding UK PLC ("Polestar" or "the Company") (NASDAQ: PSNY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 14, 2022 and January 16, 2025, inclusive ( ...

Polestar Automotive Holding UK PLC ( PSNY ) manufactures and sells electric vehicles with the Polestar brand. The company primarily sells cars in the UK and a number of other European markets, but also in the US, Korea, China, and inI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the driv ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Polestar Automotive Holding UK PLC securities between November 14, 2022, and January 16, 2025, about the March 31, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Polestar securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 31, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, defendants made materially false and misleading statements and failed to disclose significant issues, including materially misstated financial statements and understated internal control weaknesses [5]. - As a result of these misstatements, the defendants' claims regarding Polestar's business operations and prospects were deemed materially false and misleading [5].

Core Viewpoint - A class action lawsuit has been filed against Polestar Automotive Holding UK PLC, alleging that the company had internal control weaknesses that led to materially misstated financial statements during the class period from November 14, 2022, to January 16, 2025 [1][2]. Group 1: Allegations and Financial Restatement - The complaint claims that Polestar failed to disclose significant internal control weaknesses and that its financial statements were materially misstated [2]. - On January 16, 2025, Polestar announced that its audited financial statements for the years ended December 31, 2022, and December 31, 2023, along with certain unaudited interim financial information, contained errors that necessitated a restatement [3]. - The affected financials include both audited and unaudited reports, specifically for the six-month periods ending June 30, 2023, and June 30, 2024 [3]. Group 2: Market Reaction - Following the announcement of the financial restatement, the price of Class A Polestar ADSs fell by $0.135, or 11%, closing at $1.0850 on January 16, 2025, with higher-than-average trading volume [4]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against Polestar, with a deadline to file as lead plaintiff by March 31, 2025 [5]. - Shareholders do not need to actively participate in the case to be eligible for recovery, as they can remain absent class members [5].