PSNY Stock Plunges 13% — Polestar Barred From New US Sales Starting 2027, Shifts Focus To Europe
A decision by the Bureau of Industry and Security effectively ends Polestar’s ability to introduce new models in the U.S. market starting next year. The company confirmed it will continue to support existing U.S. customers through its service network. Polestar has not indicated any plans to appeal the ruling or pursue alternative pathways to maintain … Read more