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Wajeeh Khan

MYSTERIOUS: As polestar launches fleet telematics should you buy highly shorted psny stock - What They Never Told You

Polestar (PSNY) shares are extending declines on Friday morning even after the electric vehicle specialist announced the launch of a new service it’s calling “Fleet Telematics.” Shares popped more than 7% in intraday trading on Thursday, Oct. 16, before closing up a modest 0.4%. Polestar warrants (PSNYW) closed up a 54.4% in a volatile day of trading.

According to PSNY’s press release, Fleet Telematics is a connected service offering real-time EV fleet data, predictive insights, and seamless integration without extra hardware.

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