US killed the US business of Polestar long ago
A lot of people speculated that Polestar was just waiting for this us government decision to get out of the US but frankly the US killed their US business a long time ago. This was the final nail in the coffin.
US killed their first volume model - the P2. Now they are killing their other volume model, the P4. The brand can’t survive on just the P3 in the US, even if it didn’t have all the growing pains for that model.
Polestar itself is doing fine, they will just withdraw from the US and kill their P3 production here. Like they said, 94% of their business is elsewhere.
We in the US will be in fact negatively impacted by the lack of EV competition.