Sudden-Baker-9943

Sudden-Baker-9943 t1_ja9xav3 wrote

Reply to comment by That-Whereas3367 in Polestar way undervalued ev stock by roaring_alpaca

Yes! Something doesn’t add up! Volvo then spun off but Geely buys Volvo and owns stock in PSNY and P2 made in China. Headquarters in Sweden… I love how the P2 and P3 looks. Love the new SUV and omg the roadster concept is so cool so I’ll be buying the stock. Not a YOLO but a bit. With all the mfg plants that they want to build in the US imo they won’t be making a profit for awhile

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Sudden-Baker-9943 t1_ja94vtu wrote

Reply to Polestar way undervalued ev stock by roaring_alpaca

I had a bit of PSNY stock thought it would pop with the announcement of their SUV, and then read that they’re still building manufacturing plants and wouldn’t be profitable for a few years. Sold my stock which I bought around $4.50, for around the same price or a bit higher figuring it would go to around $4, and then it skyrocketed to over $9. Now it’s above $5 and I think it’ll go a bit lower then I’ll buy. Lucid car prices are too high and I dint trust Fisker, he likes to take the $ and run

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Sudden-Baker-9943 t1_ja91oy4 wrote

Reply to Polestar way undervalued ev stock by roaring_alpaca

I really like the Polestar cars. Roadster concept is really cool looking. And the new SUV they’ll be rolling out this yr or next yr?? But trying to fig out who owns it is really confusing. Subsidiary of Volvo and volvo bought by Geely. Which is a Chinese co. Privately held by Chinese billionaire. Polestar separated and went public ‘20 or .21… but most of the stock still held by volvo/Geely?? Polestar 2 made in China…polestar 3 will - supposedly- made in USA… headquartered in Sweden… wtf

https://preview.redd.it/1fwcr4v4ntka1.jpeg?width=750&format=pjpg&auto=webp&v=enabled&s=2851bb0935a49b3db5cdb563bcef70bb6e54e58c

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