Gloomy start to the year for Polestar as first-quarter loss widens to $383 million

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Gloomy start to the year for Polestar as first-quarter loss widens to $383 million
Photo: Pontus Lundahl/TT

The net loss of $383 million in the first quarter compared with $166 million in the same period last year.

Revenues were also disappointing: a total of $633 million, compared with analysts' average forecast of $786.5 million.

During the period, 13,126 cars were sold.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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