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The luxury EV car company improved its gross profit margin dramatically in its latest quarter.
Polestar (PSNY 3.25%) showed excellent progress on margin improvement but that alone isn't enough to make the stock a buy. In this video, I will review Polestar's latest earnings announcement, and then answer if the stock is a buy.
*Stock prices used were the afternoon prices of March 2, 2023. The video was published on March 3, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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