Polestar stock price remains sensitive to Nasdaq tech

Polestar stock price remains sensitive to Nasdaq tech sentiment, as EV peers rally on regulatory incentives. Investors eye Sweden’s latest subsidy program impact. The company began as Flash Engineering, a Swedish motorsport team that participated in the Scandinavian Touring Car Championship. Over time, the team transitioned into car tuning and rebranded itself as Polestar Racing, and became an official partner of Volvo for performance modifications. In 2015, Volvo acquired Polestar and redefined it as a brand dedicated to electric vehicles. The System Report captures technical information about the current page to help our support team troubleshoot any issues you may be experiencing. Polestar stock price edged higher by 0.8% after new software partnership news, raising hopes for added revenue streams from subscription-based services.