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Stockreport

Polestar EV sales jump in Q1 on discounts like its ‘Tesla conquest' bonus [TechCrunch]

Tesla, Inc. (TSLA)  More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Polestar sold 12,304 cars in the first three months of the year compared to 6,975 in Q1 2024. Sales were relatively flat quarter-over-quarter, even amidst competition from other automakers and an uncertain economic outlook. “We are on the right track and doing the right things,” Michael Lohscheller, Polestar CEO, said in a statement. “With a more active selling model, more retail partners and attractive cars, we are delivering results.” One of Polestar's more “active selling” strategies has been to tap into Tesla's brand devaluation due to its CEO Elon Musk's involvement in DOGE. The company recently started offering up to $5,000 in discounts for Tesla drivers looking to lease the company's new Polestar 3 crossover. Polestar makes the Polestar 2 electric fastback, the Polestar 3 electric SUV, and, soon, the Polestar 4 electric SUV coupe. The automaker doesn't break out its sales numbers by models, but in March after Polestar began offering its Tesla conquest bonus, head of sale [Read more]
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Stockreport

Polestar EV sales jump in Q1 on discounts like its ‘Tesla conquest' bonus [TechCrunch]

Tesla, Inc.  (TSLA) 
More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Polestar sold 12,304 cars in the first three months of the year compared to 6,975 in Q1 2024. Sales were relatively flat quarter-over-quarter, even amidst competition from other automakers and an uncertain economic outlook. “We are on the right track and doing the right things,” Michael Lohscheller, Polestar CEO, said in a statement. “With a more active selling model, more retail partners and attractive cars, we are delivering results.” One of Polestar's more “active selling” strategies has been to tap into Tesla's brand devaluation due to its CEO Elon Musk's involvement in DOGE. The company recently started offering up to $5,000 in discounts for Tesla drivers looking to lease the company's new Polestar 3 crossover. Polestar makes the Polestar 2 electric fastback, the Polestar 3 electric SUV, and, soon, the Polestar 4 electric SUV coupe. The automaker doesn't break out its sales numbers by models, but in March after Polestar began offering its Tesla conquest bonus, head of sale [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS