09:54 AM EDT, 09/03/2025 (MT Newswires) -- (Updates with the recent company's stock move in first paragraph.)

Polestar Automotive (PSNY) sharers were down more than 10% in recent Wednesday trading after the electric vehicle maker reported a Q2 net loss of $1.03 billion, compared with a loss of $268 million a year earlier.

Revenue for the quarter ended June 30 was $791 million, up from $579 million a year earlier.

Analysts' estimates were not readily available for comparison.

Price: 1.19, Change: -0.14, Percent Change: -10.53