Polestar…..some numbers

17 ก.ย.

Having posted a review on Polestar recently the price has increased so l thought I’d share some numbers to put this in context.

Company. Market cap $ billion. Revenue $ billion

Rivian. 13.30 4.43
Lucid. 8.74. 0.595
Polestar 3.47. 2.37.

These numbers obviously don’t tell the full story but on the face of it make Polestar look like a bargain compared to the other two companies.

Having just refreshed and improved the model 2 and just launched their model 3&4, revenue is bound to increase.

All of their new models have received very positive reviews from the motoring press from the research that I have done.

A big problem that has now gone away is that the company had received a non-compliance notice from the Nasdaq as the share price was under $1.00. Effectively had it remained under that price they would have been kicked out of the Nasdaq.

Daily rsi is in overbought territory at 75.52 so it may pull back from here, who knows

Cantor Fitzgerald has a $3.00 price target.

I think the price will go higher in the months and years ahead