Is Polestar Automotive Stock a Buy?

Polestar delivered 82% more cars in the second quarter of 2024 than it did in the first quarter. But that number should probably worry you. Polestar Automotive (PSNY 4.57%), like all companies, wants to put its best foot forward when it reports earnings, which is why the lead headline in the second quarter of 2024 was an 82% sequential increase in deliveries. That sounds great, but if deliveries jumped 82% in just one quarter there's got to be a bigger story going on. The bigger story isn't great. Here's so ...