Polestar Stock Soars 76.1% on Sales Growth, Tariff Hopes

On September 3, 2025, Polestar's stock surged by 76.1% in pre-market trading, marking a significant rise that has captured the attention of investors and analysts alike.

Polestar Automotive Holding UK has seen a notable increase in investor interest following a 38% year-over-year rise in vehicle sales for the second quarter. This growth, coupled with rising sector momentum, has contributed to the company's positive outlook. A key factor driving this optimism is the potential reduction of US tariffs on European car imports, which could benefit European automakers if progress is made in ongoing discussions.

Polestar's investment narrative is built on the expectation that sustained growth in electric vehicle sales and increased access to the US market will help overcome current profitability challenges. The recent start of Polestar 3 production in South Carolina, the company's first non-European manufacturing facility, is a significant step towards expanding in North America. This move aligns with Polestar's strategy to localize production and reduce exposure to tariffs, which is particularly relevant given the evolving international trade landscape.

However, investors should also consider the company's recent auditor report, which expressed doubt about Polestar's ability to continue as a going concern if financial losses persist. Despite the encouraging sector momentum, the company continues to report large losses and negative equity, which could impact its long-term viability.