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Gores Guggenheim, Inc. (GGPI)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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10.13-0.09 (-0.88%)
At close: 04:00PM EDT
10.16 +0.03 (+0.30%)
After hours: 07:59PM EDT
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  • Business Wire

    Polestar Reports Strong Start to 2022 With Record Sales, Continued Growth and Market Expansion

    GOTHENBURG, Sweden, May 19, 2022--Polestar, the premium electric performance car brand, has announced record sales for the first four months of 2022 as well as excellent global order intake fuelled by continued expansion into new and existing markets. In the first four months of the year, vehicle sales more than doubled to approximately 13,600 and the Company’s order take more than tripled to nearly 23,000 compared to the same period in 2021.

  • Business Wire

    Polestar Cars Moves Into Permanent Home in Scottsdale, Arizona

    MAHWAH, N.J., April 13, 2022--Polestar, the premium electric performance car maker, today opened a new retail location – known as a Polestar Space – in Scottsdale, Arizona. The new showroom offers sales, service, and test drives of the all-electric Polestar 2 performance fastback. Polestar Scottsdale is located in the Scottsdale Fashion Square Mall at 7014 East Camelback Road, and is operated by Courtesy Automotive.

  • Motley Fool

    Is Gores Guggenheim a Buy?

    Special purpose acquisition companies, or SPACs, were hot commodities last year, raising over $160 billion in 2021 -- twice as much as the year before -- with hundreds more of them waiting in the wings today. Gores Guggenheim (NASDAQ: GGPI), which plans to take Swedish luxury electric vehicle (EV) maker Polestar public, has been one of those SPACs on a roller coaster ride. The SPAC expects to complete the merger with Polestar sometime over the next few months, and with Gores Guggenheim's stock rising in recent weeks after Polestar announced a series of high-profile deals (Hertz just agreed to purchase 65,000 of its EVs over five years), now is a good time to ask whether the SPAC is a buy.