Polestar CEO Resigns, Replaced
This is a Polestar news story, published by Verge, that relates primarily to Thomas Ingenlath news.
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Polestar CEO Thomas IngenlathVerge
•Polestar CEO Thomas Ingenlath is stepping down amid flagging sales
73% Informative
Thomas Ingenlath is stepping down as CEO of electric carmaker Polestar .
He will be replaced by Michael Lohscheller , who previously served as CEO at Opel .
The company has struggled to keep its finances up amid a slowdown in EV sales growth.
In fact, the company's stock is selling for less than $1 .
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