Polestar Releases Preliminary 2023 Results and 2024 Guidance
Ticker: PLSAY · Form: 6-K · Filed: Apr 11, 2024 · CIK: 1884082
| Field | Detail |
|---|---|
| Company | Polestar Automotive Holding UK PLC (PLSAY) |
| Form Type | 6-K |
| Filed Date | Apr 11, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: preliminary-results, guidance, automotive
TL;DR
Polestar dropped preliminary 2023 numbers and guided 2024 deliveries between 152k-167k units.
AI Summary
On April 11, 2024, Polestar Automotive Holding UK PLC issued a press release announcing its preliminary unaudited financial and operational results for the fourth quarter and full year ended December 31, 2023. The company also provided initial guidance for the full year 2024, projecting total vehicle deliveries between 152,000 and 167,000 units. Polestar's principal executive office is located at Assar Gabrielssons Väg 9, 405 31 Göteborg, Sweden.
Why It Matters
This filing provides investors with early insights into Polestar's financial performance and future outlook, crucial for assessing the company's growth trajectory and market position in the competitive EV sector.
Risk Assessment
Risk Level: medium — The filing contains preliminary, unaudited financial information and forward-looking guidance, which are subject to change and inherent uncertainties.
Key Numbers
- 152,000-167,000 — 2024 Vehicle Deliveries Guidance (Initial projection for the full year 2024)
Key Players & Entities
- Polestar Automotive Holding UK PLC (company) — Filer of the report
- April 11, 2024 (date) — Date of the press release
- December 31, 2023 (date) — End of the reporting period for preliminary results
- 152,000 and 167,000 units (dollar_amount) — Projected vehicle deliveries for 2024
- Assar Gabrielssons Väg 9, 405 31 Göteborg, Sweden (location) — Principal executive office address
FAQ
What period do the preliminary financial and operational results cover?
The preliminary results cover the fourth quarter and the full year ended December 31, 2023.
What is Polestar's projected range for vehicle deliveries in 2024?
Polestar projects total vehicle deliveries between 152,000 and 167,000 units for the full year 2024.
When was this Form 6-K filed with the SEC?
This Form 6-K was filed on April 11, 2024.
What is the principal executive office address of Polestar Automotive Holding UK PLC?
The principal executive office is located at Assar Gabrielssons Väg 9, 405 31 Göteborg, Sweden.
Does Polestar file annual reports under Form 20-F or 40-F?
Polestar indicates it files annual reports under Form 20-F.
Filing Stats: 371 words · 1 min read · ~1 pages · Grade level 13.7 · Accepted 2024-04-11 07:08:25
Filing Documents
- d752906d6k.htm (6-K) — 12KB
- d752906dex991.htm (EX-99.1) — 16KB
- g752906dsp5.jpg (GRAPHIC) — 4KB
- 0001193125-24-092471.txt ( ) — 34KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. POLESTAR AUTOMOTIVE HOLDING UK PLC Date: April 11, 2024 By: /s/ Thomas Ingenlath Name: Thomas Ingenlath Title: Chief Executive Officer By: /s/ Per Ansgar Name: Per Ansgar Title: Chief Financial Officer