Polestar is uniquely positioned to access the production facilities of Volvo/Geely allowing it to quickly ramp up production to 750,000 units per year (compared to >1,000,000 at Tesla TSLA) 53,000 at Lucid LCID) and 150,000 of Rivian RIVNGGGPI Polestar 2nd in EV Production
Volume is good. There must be some big buyers. Triple digits growth Ggpi
GGGPI @PolestarCars Congrats for amazing start in Korea!! Over 4,000 reservations in one week 👍 Polestar Is a Rare Star in the SPAC EV Space For risk-tolerant long-term investors who want exposure to electric cars and don't already own GGPI stock, it's an excellent name to buy.
Bold prediction:
GGGPI back over 11 by Tuesday, over 12$ by Thursday this week.
Middle of following week we will be looking at 13.50-17$ and retest a new ATH
I will repost an Idea when it actually makes a move I consider bullish. As of now I am following in on the idea that this is the bottom and has no where to go but up.
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