Polestar stock drops despite “best year ever” sales; Feb. 18 update is next test
New York, Jan 9, 2026, 15:56 EST — Regular session Polestar Automotive Holding UK PLC shares fell 5.9% to $20.90 at 3:56 p.m. EST, swinging between $20.81 and $22.35 in Friday’s Nasdaq session. In an SEC filing, the electric-vehicle maker put 2025 retail sales at about 60,119 cars, up 34%, and said fourth-quarter volumes rose 27% to 15,608; it said the figures were preliminary and could be adjusted. CEO Michael Lohscheller called 2025 its “best year ever” for retail volumes and set Feb. 18 for a strategy update; Polestar said a December ADS ratio change — akin to a reverse