Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Q2 2024 Earnings Conference Call August 29, 2024 8:00 AM ET

Company Participants

Bojana Flint - Investor Relations
Per Ansgar - Chief Financial Officer

Conference Call Participants

Tobias Beith - Redburn Atlantic
Andres Sheppard - Cantor Fitzgerald
Trevor Young - Barclays
Daniel Röska - Bernstein Research

Operator

Good day, and thank you for standing by. Welcome to the Polestar Q2 2024 Results. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Bojana Flint. Please go ahead.

Bojana Flint

Thank you, operator. Hello, everyone. Bojana Flint here from Polestar Investor Relations. Thank you for joining our results call today covering the second quarter of 2024. I'm joined by Per Ansgar, our CFO, who will give the financials and business update. We will then open for analysts and retail investor questions.

But before we start, I will cover some housekeeping points as usual. I would like to remind participants that many of our comments today will be considered forward-looking statements under U.S. federal securities laws and are subject to numerous risks and uncertainties that may cause Polestar's actual results to differ materially from what has been communicated.

These forward-looking statements include, but are not limited to, statements regarding the future financial performance of the company, production and delivery volumes, financial and operating results, near-term outlook and medium-term targets, fundraising and funding requirements, macroeconomic and industry trends, company initiatives and other future events.

Forward-looking statements made today are effective only as of today, and Polestar undertakes no obligation to update any of its forward-looking statements. For a discussion of some of the factors that could cause our actual results to differ, please review the risk factors contained in our SEC filings.

In addition, management may take references to non-GAAP financial measures during the call. A discussion of why we use non-GAAP financial measures and a reconciliation to the most directly comparable GAAP measure can be found in the appendix of the press release and in the Form 6-K published today.

With that, I would like to turn the call over to Per. Please go ahead.

Per Ansgar

Thanks, Bojana. Once again, I would like to welcome you all to this earnings call. We meet again seven weeks after our Q1 release, and hopefully, you have had some restful vacation weeks in the meantime.