Polestar CEO tells CNBC ‘pump anxiety' has made EVs ‘all about money'

Soaring fuel prices have led to increased demand for electric vehicles, according to EV maker Polestar. "In the past, people considered EVs for idealistic reasons, and now the decision is all about money," Polestar CEO Michael Lohscheller told CNBC.

CNBC • May 14, 2026

Polestar CEO sees strong EV demand since Hormuz crisis

Polestar CEO Michael Lohscheller, discusses EV strategy, demand and the company's Europe-China partnership model.

CNBC International TV • May 14, 2026

Polestar Automotive Holding UK Q1 Earnings Call Highlights

Polestar Automotive Holding UK NASDAQ: PSNY reported higher first-quarter 2026 vehicle volumes but a wider loss, as management said pricing pressure, tariffs and seasonality offset cost-cutting efforts in a more difficult electric vehicle market.

MarketBeat • May 8, 2026

EV maker Polestar's quarterly loss widens as tariffs, pricing pressure weigh on margins

Sweden's Polestar reported a bigger first-quarter loss on Thursday, as pricing pressure ​and U.S. tariffs offset stronger sales volumes.

Reuters • May 7, 2026

Polestar reports Q1 2026 select financial and operational results

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) reports select unaudited financial and operational results for the quarter ended March 31, 2026 (Q1 2026). Michael Lohscheller, Polestar CEO, said: “The first quarter saw us deliver strong volume growth in a very competitive market. With implemented steps to improve our cost base being offset by more challenging market conditions, we are accelerating efforts to adjust our business model, become leaner and improve manufacturing efficie.

Business Wire • May 7, 2026

Polestar Decouples Growth From Negative Climate Impact: Emissions Per Sold Car Cut by 31% in Five Years

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today publishes its 2025 Sustainability Report, showing how the Company has since 2020 reduced its GHG emissions per sold car by 31%. During the same period, Polestar has scaled its business and grown annual retail sales to over 60,000 cars, expanded across 28 markets, brought three new models to the road and established manufacturing in factories across three countries. As climate commitments slip across the car industry, policy sign.

Business Wire • Apr 28, 2026

Polestar: Q4 Top-Line Beats Estimates, But Losses And Dilution Pile Up

Polestar reported Q4 revenues of $887M, up 54% YoY, beating estimates, but results continue to fall short of original growth targets. Gross margins remain very negative on a GAAP basis, with the Q4 net loss at nearly $800M despite improvement. Despite significant dilution so far in 2026, the debt-heavy balance sheet remains the biggest negative here.

Seeking Alpha • Apr 21, 2026

Polestar: Delivery Growth With A Steep Price

Polestar Automotive Holding UK PLC delivered record 2025 results with 60,119 vehicles sold and 50% Y/Y revenue growth, driven by Polestar 3 and 4 models. Despite delivery momentum, PSNY reported a $1.1B gross loss in 2025, losing ~$18,000 per vehicle, with negative gross margins persisting year-over-year. Forward guidance implies low double-digit delivery growth for 2026, but continued gross margin pressure could result in ~$20,000 loss per vehicle this year.

Seeking Alpha • Apr 20, 2026

EV maker Polestar's fourth-quarter revenue jumps, loss narrows

Sweden's Polestar on Friday reported a sharp jump in fourth-quarter revenue and a smaller loss, as the ​electric vehicle maker ramped up production and cut costs ‌to cater to growing European demand.

Reuters • Apr 17, 2026

This EV Maker Posts a Record Annual Loss. The Road Ahead Doesn't Look Any Smoother.

Polestar CEO Michael Lohscheller says the electric-vehicle maker expects market conditions to become more challenging.

Barrons • Apr 17, 2026