{
  "id": 8066214,
  "title": "Polestar (PSNY)’s US Exit Just Showed Up in its Guidance",
  "url": "https://urgent.news/2026/09/17/polestar-psny-s-us-exit-just-showed-up-in-its-guidance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T16:50:23.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/polestar-psny-us-exit-just-165023810.html"
  },
  "original_language": "en",
  "account": "Polestar Automotive Holding UK PLC (NASDAQ:PSNY) has slashed its full-year 2026 delivery forecast due to being barred from selling newer vehicles in the United States. The Swedish automaker now expects low-to-mid single-digit annual growth, down from previous low double-digit expectations. This means full-year deliveries will likely be around 61,900 to 63,100 vehicles. Shares dropped up to 16% following the news. Polestar's second-quarter revenue fell 8% year-over-year to $727 million, missing estimates. The company also recorded $130 million in U.S. restructuring charges. Despite these setbacks, Polestar narrowed its net loss 55.3% to $459 million, thanks to the exclusion of a large impairment charge from the prior year's figure. The firm remains disciplined and focused on improving the business. Polestar has opened orders for its new SUV 4 and plans several refreshed models to boost demand outside the U.S. market. The firm raised $700 million in fresh equity during the first half of 2026, providing more capital for operations and new model launches. However, the U.S. exit has substantial direct financial costs, including $130 million in restructuring charges. Free cash flow worsened to negative $1.06 billion in the first half of 2026, up from negative $787 million a year earlier. Weak sales growth, rising cash needs, and the loss of the U.S. market present a challenging scenario for Polestar.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}