Polestar shares are trading lower after the company said it will focus on European sales following a Department of Commerce ruling that it can't sell vehicles in the U.S. from 2027 under the Connected Vehicle Rule.

Polestar Automotive Holding UK PLC Sponsored ADR Class A

Polestar Automotive Holding UK PLC Sponsored ADR Class A

PSNY

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Polestar shares are trading lower after the company said it will focus on European sales following a Department of Commerce ruling that it can't sell vehicles in the U.S. from 2027 under the Connected Vehicle Rule.