Polestar’s Financial Crisis Deepens Amidst Surging Sales

Swedish electric vehicle manufacturer Polestar Auto.adr/a is confronting the most severe challenge in its corporate history. Despite posting impressive delivery growth, a catastrophic second-quarter loss has fundamentally undermined the company’s financial stability. The central debate among analysts has shifted from predicting when Polestar will achieve profitability to questioning its very ability to survive this period of extreme financial distress.

The company’s operational performance presents a stark contrast to its financial results. Revenue for the second quarter of 2025 climbed 37% to $791 million, driven by a 38% increase in vehicle deliveries, which reached 18,049 units. For the first half of the year, sales growth was an even stronger 51%. However, these positive indicators were completely overshadowed by a net loss of $1.03 billion—a... Read more...