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Polestar’s Debut Casts New Light on EV De-SPACs

Polestar’s Debut Casts New Light on EV De-SPACs

SPACs have merged with 30 electric vehicle companies since June 2020 and they seemed to make for a Thelma and Louise-like pair. EV de-SPACs went on a wild ride punctuated by the likes of QuantumScape (NASDAQ:QS) and Lucid Group (NASDAQ:LCID) hitting highs of $132.73 and $64.86, respectively, but, just a year later that joy ride
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