Polestar really, really, really needs a hit. Accused by many of being too similar to Volvo, while getting what feels like the short end of a rapidly charging EV market’s stick, things haven’t been great for the brand lately. Tariff woes, global sales well below prediction, and a somewhat slow rollout of more mainstream models have seen the brand’s financial outlook falter. Its current volume seller, the Polestar 2, is facing a 100% tariff within weeks—and that’s amid its own sales slowing down for being a sedan in an SUV world. Plus, Polestar’s stock is trading at less than a dollar a share and is in danger of being delisted if it keeps dropping.
