Reported 2 days ago
Polestar has suspended its 2025 forecast, reacting to potential impacts from significant tariffs that could disrupt supply chains and increase vehicle prices. Despite strong first-quarter sales and plans to shift production from China, the Swedish EV manufacturer has seen its U.S. shares drop by 6%. With uncertainties surrounding tariffs under U.S. trade policies, Polestar's financial disclosures have also faced delays, raising investor concerns.
Source: YAHOO