Is Polestar 1 rare?
This is a very rare automobile, with just 1500 built for global consumption over three years, and only 250 of them were sent to the U. S. I am compelled to view the Polestar 1 as perhaps one of the most beautiful vehicle shapes of the last thirty years. This is a highly unprofitable business heading into a hypercompetitive moment in the automotive space, where electric vehicles keep losing market share. Its balance sheet is in terrible shape, and it keeps burning cash. Polestar stock is likely to fall lower and lower from here.In July 2015, the Polestar brand was acquired by Volvo Cars, which repositioned the brand as an electric vehicle manufacturer since 2017. The racing team was then rebranded to Cyan Racing, while still maintaining close ties to Volvo.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.The Polestar 2 is a generally reliable car. The model ranked 10th out of 20 cars in the electric car class of our 2024 What Car? Reliability Survey, with a reliability rating of 89.In terms of on-road performance, both accelerate quite handily, with the Polestar offering far more power in its base configuration: 489 horsepower and 620 pound-feet of torque to be exact, compared to 402 hp and 568 lb-ft on the Volvo.
Why are Polestars not selling?
As a fully electric brand, Polestar is suffering from the slow uptake of EVs in the US, which has cut tax credits for battery powered vehicles. The US now represents just 8% of its sales, down from 16% a year ago. The EV maker has lost nearly all market value since its 2022 IPO and has accumulated $8 billion in cumulative losses. Soft demand, tariffs, and production delays continue to pressure Polestar’s financial turnaround despite new funding.Volvo’s decision to halt Polestar investments came after the money-losing luxury EV offshoot brand missed a 2023 delivery target that had already been repeatedly revised downward. Polestar needs another $1.The first vehicle to emerge from this sub-brand, the 2021 Polestar 1, is not a fully electric car, but a Plug-in Hybrid. Or, to use Volvo’s terminology, an Electric Performance Hybrid.Risks and Downside Factors Primary current risks that explain why is polestar stock so low include: Continued cash burn and extended path to break‑even or positive free cash flow. Additional impairments or widening GAAP losses if product economics deteriorate further.
Is it safe to buy a Polestar?
As of July 2025, the Polestar 4 holds a New Car Expert Rating of A with a score of 75%. It scores top marks for its zero tailpipe emissions and excellent safety rating, while its media review scores are also good. However, its running costs are only average. It is expected to last between 300,000 and 400,000 miles before the cost of repairs becomes too high. Assuming a driver covers 15,000 miles per year, the Polestar 2 can serve them well for over 15 years.There are more issues in this vehicle. Although the 2021 Polestar 1 isn’t a terrible car, there’s no denying it’s worse than its 2022 counterpart. There are far more recalls, and the technology is older, which means it’s more prone to errors and a lack of updates the 2022 selection receives.
What is the cheapest Polestar?
The cheapest Polestar is the Polestar 2 with an MSRP of $47,200 including a destination charge of $1,300. This gets you the new 270-mile Long Range Single Motor version in a front-wheel-drive configuration. The price of the 2020 Polestar Polestar 1 starts at $156,500. Unlike the Porsche 911, the Polestar 1 offers few options.