High-Performance EV Maker Polestar, Rival To Tesla And Lucid, Poised To Debut

High-Performance EV Maker Polestar, Rival To Tesla And Lucid, Poised To Debut

Polestar stock neared a debut as the Swedish EV startup, a rival to Tesla, announced it will go public via a SPAC deal. Owned by Chinese auto giant Geely, Polestar will combine with Gores Guggenheim, a special purpose acquisition company or SPAC. The combined company will be named Polestar Automotive and will list on the Nasdaq under the ticker symbol PSNY.