So I saw Polestar had to delay their financial reporting citing accounting errors that will change their numbers in the previous two fiscal years. But they're struggling with some sluggish sales and hoping the eventual release of the Polestar 4 might spark new sales. Scuttlebutt that Volvo won't be helping them anymore.
Than you have Fisker being all but dead, and Tesla and Rivian having a rough go. Tesla might be like Apple where charging and storage becomes their core business.
Mainstreams like Ford and GM are having struggles with their EV's. Hyundai/Kia seem to be the one who are able to produce and sell without loss although they too reported sales declines last quarter.
Will be interesting to see how they weather the current high interest environment if it sticks around for a couple more years. Seems like cheap cars are what the market is needing, but most EV companies need the profits from expensive models to get going on making their version of the Corolla.
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Patriots QB Tom Brady
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