Rapid share price recovery
Polestars share price has been on a tear for the past month, rising from under a dollar to $1.60 as l write with the pre market indicating further gains today.
The company has started to produce their cars in S.Korea and the USA so will not be subject to European and US tariffs, with an increasing lineup of new models coming out soon I think the company will be a huge winner in the coming years.
The company has consistently delivered on their promises over the past few years and although still loss making have the security of being owned by Chinese auto giant Geely.
Stunning high quality cars that in my opinion leave Tesla’s dated design way behind.
Difficult to find an entry point as the share price has increased rapidly over the past month so May pull back in the short term.
Cantor Fitzgerald has a $3.00 price target. Long term buy with huge potential.
The company has started to produce their cars in S.Korea and the USA so will not be subject to European and US tariffs, with an increasing lineup of new models coming out soon I think the company will be a huge winner in the coming years.
The company has consistently delivered on their promises over the past few years and although still loss making have the security of being owned by Chinese auto giant Geely.
Stunning high quality cars that in my opinion leave Tesla’s dated design way behind.
Difficult to find an entry point as the share price has increased rapidly over the past month so May pull back in the short term.
Cantor Fitzgerald has a $3.00 price target. Long term buy with huge potential.
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