Anna Gavrilova
Head of Investor Relations
Replay available
Polestar Automotive Holding UK Limited (PSNY) Q2 2026 Earnings Call
Polestar Automotive Holding UK Limited (NASDAQ: PSNY) Q2 2026 earnings conference call, held 2026-09-03. Replay captured from the company's public earnings webcast.
Investor webinar replay
Meeting Overview The meeting was a conference call discussing Polestar's financial and operational results for the second quarter and first half of 2026. Key highlights included record retail sales, challenges in the EV market, and updates on product launches and financial strategies. Key Discussion Points - Overview of Polestar's financial performance for the 2nd quarter and 1st half of 2026. - Record retail sales of 30,423 cars in the first half of 2026. - Challenges faced in the EV market, including competition, pricing pressure, and regulatory headwinds. - Update on the US Department of Commerce's denial of Polestar's application affecting future sales. - Shift from an online-first model to a retailer-led commercial sales model. - Expansion of retail network and improvement in customer experience. - Financial restructuring efforts, including new equity funding and debt conversions. - Introduction of new models, including the Polestar 4 SUV and Polestar 5. Decisions Made - No exp...
Featured Presenters
Michael Lohscheller
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Jean-François Mady
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Josh Young
Analyst, Barclays
Andres Shepard
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Replay transcript excerpt
Speaker 1: Good day and thank you for standing by. Welcome to the Polestar 2nd 0.25 and 1st 0.5 2026 Speaker 1: results conference call. Speaker 1: At this time all participants are in a listen-only mode. After the speaker's presentation there will be a question and answer session. Speaker 1: To ask a question during the session you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question please press star 11 again. Speaker 1: Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Speaker 1: Anna Gavrilova. Speaker 1: Please go ahead. Speaker 2: Thank you, Operator. Speaker 2: Hello, everyone. Speaker 2: I'm Anna Gavrilova, Head of Investor Relations at Polestar. Speaker 2: Thank you for joining this call covering Polestar's results for the 2nd 0.25 and the 1st 0.5 of 2026. Speaker 2: I'm joined by Michael Loescheler, Speaker 2: Polestar CEO, Speaker 2: and Jean-Francois Maddy, Polestar CFO, Speaker 2: who will comment on the performance Speaker 2: and then we will open the floor to analysts' questions. Speaker 2: Before we start, I would like to remind participants Speaker 2: that many of our comments today Speaker 2: will be considered forward-looking Speaker 2: statements Speaker 2: under the US federal securities laws and are subject to numerous risks and uncertainties Speaker 2: that may cause Polestar's Speaker 2: actual results Speaker 2: to differ materially Speaker 2: from what has been communicated. Speaker 2: These forward-looking statements include, Speaker 2: but are not limited to, statements regarding the future financial performance of the company, Speaker 2: production and delivery volumes, Spe...