(Reuters) -Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter.
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Lifestyle Automotive
EV firm Polestar expects positive fourth-quarter gross margin despite slow demand
Shares of the Swedish company fell 3.8% in premarket trading. Polestar, which is majority owned by China's Geely, has been grappling with weakening demand...
