🇺🇸 SECPolestar Automotive Holding UK PLCDoubao · 实盘不做把握 6/10不做原因:风险收益比不佳
北京时间·🕒 发布 19:10:16·⟳ 抓取 19:10:39 +23s·⚡ 决策 10-08 19:12:16 +1m37s·19.0 天前
Polestar 公布2026年三季度初步零售销量约14,371辆,同比仅增约1%,美国以外销量同比下滑8%
虽为SEC一手披露且措辞强调“最强三季度”,但实质销量几乎零增长,剔除美国后明显下滑,又无财务或指引增量,多空方向均缺乏清晰正期望。
📄 原文Polestar Automotive Holding UK PLC↗ 原文
----- tm2627195d1_6k.htm ----- 6-K 1 tm2627195d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHI…
不做 Polestar Automotive Holding UK PLC(PSNY.US)
三季度总销量同比仅增约1%、剔除美国后下滑8%,且无收入、毛利、现金流或指引增量;“纪录销量”标题不构成可交易edge。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
Polestar三季度零售销量14,371辆、同比仅增约1%,美国以外销量同比下滑8%。“纪录”更多是口径性表述,缺乏超预期增长或盈利层面催化,故不做。
🔎 新鲜度:最早出现 2026-10-08 · 扩散 low · price-in 风险 low ↗
关键理由
- 总量微增与剔除美国后下滑并存,单一销量快报不足以构成方向性交易催化。
- 新闻稿未给出收入、毛利率、现金流、融资落地或全年指引的新增事实,难以重估公司价值。
主要风险
- 若市场此前预期更低,微弱正增长和Polestar 5启动交付可能带来短线情绪反弹。
- 公司仍依赖额外融资与吉利/沃尔沃体系支持,销量平淡背景下资金或合规消息更可能主导股价。
反向证据
- 做多前查反向 · 来源 filing · 日期 2026-10-08 · 影响 weakens
同一新闻稿前瞻性声明仍提示股权投资、贷款转股、融资需求、监管和需求风险,且美国以外Q3销量下滑8%,削弱做多理由。
检索:Polestar 2026 funding loan conversion equity investment demand US connected vehicle rule downside 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例空缺叠加基本面增量薄弱,结论偏向不做,而非以小仓追“纪录销量”标题。
方向:未建立可信历史先例;当前事件本身方向混杂,不能凭同类车企交付快报的经验断言涨跌。
涨幅量级:缺少高相似、同市场、同相位且首发锚可靠的交付销量先例,无法校准止盈止损幅度。
形态:无证据判断是否反复见光死或高开低走。
工具执行结果 · 成功 1 · 降级 0 · 失败 0 · 取消 0
- search_processed_events 成功 stock_tools HTTP · 16 ms
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原文全文
展开原文 · 10,774 字
----- tm2627195d1_6k.htm -----
6-K
1
tm2627195d1_6k.htm
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number: 001-41431
Polestar Automotive Holding UK PLC
Assar Gabrielssons Väg 9
405 31 Göteborg, Sweden
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
¨
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):
¨
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):
¨
INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
On October 8, 2026, Polestar
Automotive Holding UK PLC (“Polestar”) issued a press release announcing its preliminary estimates for global volumes for
the third quarter of 2026. A copy of the press release is attached hereto as Exhibit 99.1.
Exhibit 99.1 to this Report
on Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange
Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933 or the Exchange Act.
EXHIBIT INDEX
Exhibit No.
Description of
Exhibit
99.1
Press Release of Polestar Automotive Holding UK PLC,
dated October 8, 2026.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
POLESTAR AUTOMOTIVE HOLDING UK PLC
Date: October 8, 2026
By:
/s/ Michael Lohscheller
Name:
Michael Lohscheller
Title:
Chief Executive Officer
Date: October 8, 2026
By:
/s/ Jean-François Mady
Name:
Jean-François Mady
Title:
Chief Financial Officer
----- tm2627195d1_ex99-1.htm -----
EX-99.1
2
tm2627195d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Polestar reports record nine-month retail sales and its
strongest third quarter
·
Best third quarter ever with retail sales of estimated
14,371 cars
·
Record retail sales of estimated 44,790 cars in the
first nine months of 2026
GOTHENBURG, SWEDEN – 8 October
2026.
Polestar (Nasdaq: PSNY) reports retail sales of estimated 14,371 cars in the third quarter and estimated 44,790 cars
in the first nine months of 2026, both up around 1% year-on-year.
Michael Lohscheller, Polestar CEO, says:
“We delivered our best third quarter despite increasingly challenging market conditions. The start of Polestar 5 customer deliveries
marks an important milestone for the company, while the new Polestar 4 SUV broadens our product portfolio and
extends our reach
to new customer groups entering the D-SUV segment, the largest and most dynamic segment in the European premium EV market.”
Q1-Q3 2026
Q1-Q3 2025
Change (%)
Retail sales volumes
(total)
44,790
44,511
+0.6%
Retail sales volumes
(excl. U.S. business)
40,773
40,968
-0.5%
Q3 2026
Q3 2025
Change (%)
Retail sales volumes
(total)
14,371
14,222
+1%
Retail sales volumes
(excl. U.S. business)
12,211
13,256
-8%
In addition to total retail sales volumes, retail sales volumes
excluding the U.S. are presented separately following the decision by U.S. Authorities in respect of the Connected Vehicle Rule.
Retail sales volumes for 2026 are provided on an estimated basis
and are subject to revision. Retail sales volumes for 2025 are final.
Ends.
About Polestar
Polestar (Nasdaq: PSNY) is the Swedish
electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards
a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 31 markets globally across North America, Europe
and Asia Pacific.
Polestar has five models in its line-up:
Polestar 2, Polestar 3, Polestar 4 coupé, Polestar 4 SUV, and Polestar 5. Planned models include the Polestar 2 successor (to be
launched in 2027), Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured
on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar
7 planned in Europe.
Polestar has an unwavering commitment to
sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold
and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas
of Climate, Transparency, Circularity, and Inclusion.
Forward-Looking Statements
Certain statements in this press release (“Press Release”)
may be considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events or the future financial or operating performance of Polestar, including the timing and completion
of the equity investment from the financial institutions and the loan conversion. including the number of vehicle deliveries and gross
margin. For example, projections of revenue, volumes, margins, cash flow break-even and other financial or operating metrics and statements
regarding expectations of future needs for funding and plans related thereto are forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”,
“will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”,
“forecast”, “plan”, “seek”, “future”, “propose” or “continue”,
or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties,
and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions
that, while considered reasonable by Polestar and its management, as the case may be, are inherently uncertain. Factors that may cause
actual results to differ materially from current expectations include, but are not limited to: (1) Polestar’s ability to enter into
or maintain agreements or partnerships with its strategic partners, including Volvo Cars and Geely, original equipment manufacturers,
vendors and technology providers; (2) Polestar’s ability to maintain relationships with its existing suppliers, source new suppliers
for its critical components and enter into longer term supply contracts and complete building out its supply chain; (3) Polestar’s
ability to raise additional funding; (4) Polestar’s ability to successfully execute cost-cutting activities and strategic efficiency
initiatives; (5) Polestar’s estimates of expenses, profitability, gross margin, cash flow, and cash reserves; (6) Polestar’s
ability to continue to meet stock exchange listing standards; (7) changes in domestic and foreign business, market, financial, political
and legal conditions; (8) demand for Polestar’s vehicles or car sale volumes, revenue and margin development based on pricing, variant
and market mix, cost reduction efficiencies, logistics and growing aftersales; (9) delays in the expected timelines for the development,
design, manufacture, launch and financing of Polestar’s vehicles and Polestar’s reliance on a limited number of vehicle models
to generate revenues; (10) increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells or semiconductors;
(11) risks related to product recalls, regulatory fines and/or an unexpectedly high volume of warranty claims; (12) Polestar’s reliance
on its partners to manufacture vehicles at a high volume, some of which have limited experience in producing electric vehicles, and on
the allocation of sufficient production capacity to Polestar by its partners in order for Polestar to be able to increase its vehicle
production volumes; (13) the ability of Polestar to grow and manage growth profitably, maintain relationships with customers and suppliers
and retain its management and key employees; (14) risks related to future market adoption of Polestar’s offerings; (15) risks related
to Polestar’s current distribution model and the evolution of its distribution model in the future; (16) the effects of competition
and the high barriers to entry in the automotive industry and the pace and depth of electric vehicle adoption generally on Polestar’s
future business; (17) changes in regulatory requirements (including environmental laws and regulations and regulations related to connected
vehicles), governmental incentives, tariffs and fuel and energy prices; (18) Polestar’s reliance on the development of vehicle charging
networks to provide charging solutions for its vehicles and its strategic partners for servicing its vehicles and their integrated software;
(19) Polestar’s ability to establish its brand and capture additional market share, and the risks associated with negative press
or reputational harm, including from electric vehicle fires; (20) the outcome of any potential litigation, including litigation involving
Polestar and Gores Guggenheim, Inc., government and regulatory proceedings, including the NHTSA investigation into the Polestar 2 rear
view camera, tax audits, investigations and inquiries; (21) Polestar’s ability to continuously and rapidly innovate, develop and
market new products; (22) the impact of the ongoing conflict between Ukraine and Russia and the conflict with Iran and the conflict in
the Red Sea; and (23) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the SEC
by Polestar. There may be additional risks that Polestar presently does not know or that Polestar currently believes are immaterial that
could also cause actual results to differ from those contained in the forward-looking statements.
Nothing in this Press Release should be regarded as a representation
by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking
statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are
made. Polestar assumes no obligation to update these forward-looking statements, even if new information becomes available in the future,
except as may be required by law.
6-K
1
tm2627195d1_6k.htm
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number: 001-41431
Polestar Automotive Holding UK PLC
Assar Gabrielssons Väg 9
405 31 Göteborg, Sweden
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
¨
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):
¨
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):
¨
INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
On October 8, 2026, Polestar
Automotive Holding UK PLC (“Polestar”) issued a press release announcing its preliminary estimates for global volumes for
the third quarter of 2026. A copy of the press release is attached hereto as Exhibit 99.1.
Exhibit 99.1 to this Report
on Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange
Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933 or the Exchange Act.
EXHIBIT INDEX
Exhibit No.
Description of
Exhibit
99.1
Press Release of Polestar Automotive Holding UK PLC,
dated October 8, 2026.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
POLESTAR AUTOMOTIVE HOLDING UK PLC
Date: October 8, 2026
By:
/s/ Michael Lohscheller
Name:
Michael Lohscheller
Title:
Chief Executive Officer
Date: October 8, 2026
By:
/s/ Jean-François Mady
Name:
Jean-François Mady
Title:
Chief Financial Officer
----- tm2627195d1_ex99-1.htm -----
EX-99.1
2
tm2627195d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Polestar reports record nine-month retail sales and its
strongest third quarter
·
Best third quarter ever with retail sales of estimated
14,371 cars
·
Record retail sales of estimated 44,790 cars in the
first nine months of 2026
GOTHENBURG, SWEDEN – 8 October
2026.
Polestar (Nasdaq: PSNY) reports retail sales of estimated 14,371 cars in the third quarter and estimated 44,790 cars
in the first nine months of 2026, both up around 1% year-on-year.
Michael Lohscheller, Polestar CEO, says:
“We delivered our best third quarter despite increasingly challenging market conditions. The start of Polestar 5 customer deliveries
marks an important milestone for the company, while the new Polestar 4 SUV broadens our product portfolio and
extends our reach
to new customer groups entering the D-SUV segment, the largest and most dynamic segment in the European premium EV market.”
Q1-Q3 2026
Q1-Q3 2025
Change (%)
Retail sales volumes
(total)
44,790
44,511
+0.6%
Retail sales volumes
(excl. U.S. business)
40,773
40,968
-0.5%
Q3 2026
Q3 2025
Change (%)
Retail sales volumes
(total)
14,371
14,222
+1%
Retail sales volumes
(excl. U.S. business)
12,211
13,256
-8%
In addition to total retail sales volumes, retail sales volumes
excluding the U.S. are presented separately following the decision by U.S. Authorities in respect of the Connected Vehicle Rule.
Retail sales volumes for 2026 are provided on an estimated basis
and are subject to revision. Retail sales volumes for 2025 are final.
Ends.
About Polestar
Polestar (Nasdaq: PSNY) is the Swedish
electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards
a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 31 markets globally across North America, Europe
and Asia Pacific.
Polestar has five models in its line-up:
Polestar 2, Polestar 3, Polestar 4 coupé, Polestar 4 SUV, and Polestar 5. Planned models include the Polestar 2 successor (to be
launched in 2027), Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured
on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar
7 planned in Europe.
Polestar has an unwavering commitment to
sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold
and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas
of Climate, Transparency, Circularity, and Inclusion.
Forward-Looking Statements
Certain statements in this press release (“Press Release”)
may be considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events or the future financial or operating performance of Polestar, including the timing and completion
of the equity investment from the financial institutions and the loan conversion. including the number of vehicle deliveries and gross
margin. For example, projections of revenue, volumes, margins, cash flow break-even and other financial or operating metrics and statements
regarding expectations of future needs for funding and plans related thereto are forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”,
“will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”,
“forecast”, “plan”, “seek”, “future”, “propose” or “continue”,
or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties,
and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions
that, while considered reasonable by Polestar and its management, as the case may be, are inherently uncertain. Factors that may cause
actual results to differ materially from current expectations include, but are not limited to: (1) Polestar’s ability to enter into
or maintain agreements or partnerships with its strategic partners, including Volvo Cars and Geely, original equipment manufacturers,
vendors and technology providers; (2) Polestar’s ability to maintain relationships with its existing suppliers, source new suppliers
for its critical components and enter into longer term supply contracts and complete building out its supply chain; (3) Polestar’s
ability to raise additional funding; (4) Polestar’s ability to successfully execute cost-cutting activities and strategic efficiency
initiatives; (5) Polestar’s estimates of expenses, profitability, gross margin, cash flow, and cash reserves; (6) Polestar’s
ability to continue to meet stock exchange listing standards; (7) changes in domestic and foreign business, market, financial, political
and legal conditions; (8) demand for Polestar’s vehicles or car sale volumes, revenue and margin development based on pricing, variant
and market mix, cost reduction efficiencies, logistics and growing aftersales; (9) delays in the expected timelines for the development,
design, manufacture, launch and financing of Polestar’s vehicles and Polestar’s reliance on a limited number of vehicle models
to generate revenues; (10) increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells or semiconductors;
(11) risks related to product recalls, regulatory fines and/or an unexpectedly high volume of warranty claims; (12) Polestar’s reliance
on its partners to manufacture vehicles at a high volume, some of which have limited experience in producing electric vehicles, and on
the allocation of sufficient production capacity to Polestar by its partners in order for Polestar to be able to increase its vehicle
production volumes; (13) the ability of Polestar to grow and manage growth profitably, maintain relationships with customers and suppliers
and retain its management and key employees; (14) risks related to future market adoption of Polestar’s offerings; (15) risks related
to Polestar’s current distribution model and the evolution of its distribution model in the future; (16) the effects of competition
and the high barriers to entry in the automotive industry and the pace and depth of electric vehicle adoption generally on Polestar’s
future business; (17) changes in regulatory requirements (including environmental laws and regulations and regulations related to connected
vehicles), governmental incentives, tariffs and fuel and energy prices; (18) Polestar’s reliance on the development of vehicle charging
networks to provide charging solutions for its vehicles and its strategic partners for servicing its vehicles and their integrated software;
(19) Polestar’s ability to establish its brand and capture additional market share, and the risks associated with negative press
or reputational harm, including from electric vehicle fires; (20) the outcome of any potential litigation, including litigation involving
Polestar and Gores Guggenheim, Inc., government and regulatory proceedings, including the NHTSA investigation into the Polestar 2 rear
view camera, tax audits, investigations and inquiries; (21) Polestar’s ability to continuously and rapidly innovate, develop and
market new products; (22) the impact of the ongoing conflict between Ukraine and Russia and the conflict with Iran and the conflict in
the Red Sea; and (23) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the SEC
by Polestar. There may be additional risks that Polestar presently does not know or that Polestar currently believes are immaterial that
could also cause actual results to differ from those contained in the forward-looking statements.
Nothing in this Press Release should be regarded as a representation
by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking
statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are
made. Polestar assumes no obligation to update these forward-looking statements, even if new information becomes available in the future,
except as may be required by law.
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