In something of a change this earnings season, an electric carmaker (other than Tesla) actually reported a profit for the quarter.
Polestar (PSNY), the Swedish-based company backed by Volvo and China’s Geely, reported its first gross profit as a public company since completing its SPAC merger earlier this year.
For the quarter, Polestar reported:
Though Polestar did miss on the top line, sales were up 105% for the quarter versus last year, and it was enough to eke out a $4 million gross…
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