Trading at 87.5% below our estimate of its fair value

Revenue is forecast to grow 35.64% per year

Trading at good value compared to peers and industry


Risk:
Negative shareholders equity
Has less than 1 year of cash runway
Currently unprofitable and not forecast to become profitable over the next 3 years
Volatile share price over the past 3 months

Polestar has tried everything. Collaboration with Renault to "sublet" production plants (future plant in South Korea). Breakaway from Volvo. Lower prices for Polestar 3 and 4 cars. But nothing worked. The stock continues to sleep, brain-dead.
The shorts keep piling up, day after day after day...

As a huge investor in this stock, I myself look away. I start buying a China ETF, Porsche, European stocks like Nestlé or Swatch or Zalando or Kering... no one in my entourage can hear about Polestar anymore haha
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Penafian