Polestar Faces $250M Revenue Hit from U.S. Market Ban Risk, Europe Becomes Key Income Source

Polestar estimates that a potential U.S. market ban could expose it to approximately $250 million in revenue risk by 2027, representing about 5% of its total sales. As of the end of the first quarter of 2026, the company held $676 million in cash reserves. During the quarter, it delivered 13,126 vehicles globally and operated 230 retail outlets, a 50% year-over-year increase. The European market accounted for nearly 80% of the company’s sales. Following the announcement of the potential U.S. ban, Polestar’s American Depositary Receipt (ADR) share price fell by approximately 6%.