During the first quarter of 2025, Polestar capitalized on its trade-in incentives aimed at Tesla owners, leading to a substantial surge in sales for the Polestar 3 model in the US market. Nearly half of all Polestar 3 sales during this period were attributed to former Tesla customers. This targeted strategy propelled Polestar's global sales to skyrocket by 76% year-on-year in the first quarter, achieving a total of 12,304 units delivered. Despite a lull in the Chinese market, robust demand from the European market bolstered the overall sales growth.
