Why Polestar Stock Is Sizzling Hot Today

The electric vehicle stock has doubled in just one month. What's brewing? There's no stopping Polestar Automotive (PSNY 11.56%). After going ballistic last month, shares of the Swedish electric vehicle (EV) maker are off to a flying start in September, surging 19.7% at their highest point in trading as of 12:10 p.m. ET Tuesday. Polestar has appointed a new chief financial officer as it gears up to launch new models and expand its footprint, and investors believe this could just be the beginning of better da ...