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Drive a stock car drivers#

“I don't think there is one standout moment.

“(I’m) trying to not go out the way I came in.” (In his June 2003 debut at Columbus, Ohio, he flipped the car on its roof.).

I've gotten to do more, see more, and be with some really good people.

“I haven't been sentimental, but I probably will be at some point.

The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. It’s all bullish for GGPI stock, which should break away from the $10 magnet price sooner or later.

Drive a stock car drivers#

The Bottom Lineīy establishing Polestar Manhattan, the company is effectively planting its flag in a city where there’s no shortage of drivers – and no shortage of interest in vehicle electrification.Īnd as the Polestar 2 becomes the company’s flagship vehicle, luxury will be more affordable than many automotive shoppers may have expected. Ingenlath added that Polestar Manhattan will serve as the brand’s retail home in New York City. “ New York City is an iconic city with deep roots in design, sustainability and engineering, and opening a Polestar Space in this location will allow us to showcase the superior driving experience and high-tech minimalism that defines and differentiates Polestar.” Polestar retail network is expected to expand to total of 35 locations nationwide by the end of 2022.īut why New York City, and why now? Polestar CEO Thomas Ingenlath explains what’s so special about the Big Apple: With the opening of Polestar Manhattan, the company’s nationwide network now includes 20 Polestar Spaces.Ĭurrent locations include Los Angeles, Boston, Dallas, Detroit, Minneapolis, Phoenix and Seattle. In a sign that Polestar is expanding its regional presence, the company just announced that it has opened a new retail location in New York City. Surprisingly, the single-motor Polestar 2 MSRP starts at $38,400 (after tax credits), while the MSRP for the dual-motor Polestar 2 starts at $42,400 (again, after tax credits). Ready to guess the MSRP? I probably tricked you into thinking that it will be super-expensive, but that’s actually not the case. Plus, the Polestar 2 can go from zero to 60 miles per hour (mph) in 4.5 seconds. That vehicle features all-wheel drive and up to 2,000 pounds of towing capacity. The Polestar 1 is in its final production run, so looking forward, we can safely conclude that the company’s focus will be the Polestar 2. For example, the Polestar 1 is available from a manufacturer’s suggested retail price (MSRP) of $155,000. Suffice it to say that these are luxury vehicles with high price tags. For now, though, the two well-publicized models are the Polestar 1 and the Polestar 2. Polestar also plans to launch three new vehicle models by 2024. Specifically, the company delivered around 10,000 vehicles last year, but expects to sell roughly 290,000 vehicles per year by 2025. Like other electric vehicle start-ups, Polestar began on a small scale but intends to ramp up its production schedule.

Indeed, you might even decide to add to your position if you believe in Polestar’s ambitious vision within the electric vehicle market.

This could certainly happen with GGPI stock, but you can choose not to panic-sell your shares. Some traders might say that it’s a bad sign when a SPAC stock falls below its pre-merger-announcement price. That boost faded quickly, as the stock soon slid back to the $10 area. So, would this be the launch pad for higher price levels? With that announcement, GGPI stock shot up from less than $10 to a high of $10.69.

The share price didn’t move too much until late September, when Gores Guggenheim announced its reverse merger with Polestar. Just to recap, Gores Guggenheim went public with its initial public offering (IPO) in March.