Polestar Has a Bold Plan—Get Better at Selling Cars

Quick Summary:

The China-controled EV brand has been losing tens of thousands of dollars on every car sold.

With a US ban on Chinese car sales looming, the company needs to quickly turn things around.

Trump’s antipathy toward EVs is well known, but it’s unclear how much of America’s EV policy will be influenced by Tesla CEO Elon Musk.“It’s an unusual conflict of interest to see the CEO of Tesla in any way involved with EV policy for the entire country,” said Peter Wells, a business professor and director of the Centre for Automotive Industry Research at Cardiff University in Wales, UK.“There’s an enormous potential [for Musk] to rewrite the rules to suit Tesla’s best interests.

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Article Details

Author / Journalist: Carlton Reid

Category: TechnologyEconomy

Markets: United StatesChinaFranceKenyaSouth KoreaSlovakiaSweden

Topics: Business / Transportation Gear / Gear News and Events Gear

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 11:56:35 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: wired.com

Language: English

Article Length: 1700 words

Reading Time: 10 minutes read

Sentences: 65 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Wired

News ID: 25218619

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Official Website: wired.com

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News Last Updated: 9 hours ago

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