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Polestar Automotive Holding UK Plc shares rise 1.94% after-hours as the company pauses 2025 financial guidance due to tariff uncertainty.
ByAinvest
Wednesday, Apr 30, 2025 7:38 pm ET1min read
Polestar Automotive Holding UK Plc rose 1.94% in after-hours trading. The company paused its 2025 financial guidance due to uncertainty surrounding U.S. tariffs, which could disrupt supply chains and increase car prices. CEO Michael Lohscheller warned of potential impacts from American import duties as the company plans to shift manufacturing to the U.S. and Europe to reduce reliance on China.
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