Polestar Automotive Holding PSNY 3Q 2022 Earning

Polestar Automotive Holding PSNY 3Q 2022 Earnings Conference Call
https://www.youtube.com/watch?v=qhinC4NeXps


Highlights of 1st Quarterly Earnings Call :
[] June 2022 listing on Nasdaq
[] Recently secured $1.6B financing package

[] Q1 projected = STRONGEST Quarter Yet
[] Hertz Polestar Fleet Deal for 65,000 cars (in 5yrs)
[] Already in 7 countries, supporting Hertz initiative

[] Polestar 3 SUV debut in Copenhagen
[] 100,000 P2's out of factory (major
[] 1 of 2 Global EV producers already in MASS PRODUCTION

[] Car Design Award 2022 Best Brand
[] 27 active markets A REALITY,... not an aspiration.
[] Volvo backbone support provides design, innovation, sustainability & factory support

[] DEMAND remains STRONG
[] 800,000 on-line viewers for P3 SUV debut

[] 33,424cars already delivered GLOBALLY
[] 9,239 in Q3
[] On target for 50,000 deliveries by eoy 2022

[] 27 markets on 4 continents
[] 128 location
[] 1,000 service points
[] Remaining 22,000 cares already produced & en-route to customer-markets

[] Revenue UP 98% to $1.48B (from $748M in 2021)
[] Gross margin increase during this time from .01% to 3.91%
[] Net income up to +$292M
....