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Polestar cut its 2026 volume outlook and said it will not appeal a U.S. ban on new-model sales starting in 2027. PSNY shares were down 29% on the day, set for a worst day if losses hold.
Polestar Automotive Holding UK shares fell nearly 11% in premarket trading after the company cut 2026 volume guidance to low- to mid-single-digit growth from low-double-digit growth.
Polestar Automotive shares fell after the company cut its full-year volume guidance and said its forced U.S. market exit had roughly $130 million impact. Stock was down 7.9% to $11.04 in premarket trading.
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PSNY volume is decreasing