--- title: "Polestar Secures $600M Lifeline: TDS" date: "2025-12-22" modified: "2025-12-22" authors: - name: "Joel Feder" job_title: "Director of Content and Product" link: "https://www.thedrive.com/authors/joel-feder" url: "https://www.thedrive.com/news/polestar-secures-600m-lifeline-tds" categories: - "News" - "The Downshift" --- # Polestar Secures $600M Lifeline: TDS ![Polestar 3]() Good morning and welcome to *The Downshift*, or *TDS* for short. Light, tight, and right, *TDS* gathers the latest automotive news from around the globe and puts it in one place. Stories are summarized in a single sentence accompanied by a link for those seeking more information. 🚨 I'm having surgery today and tomorrow Senior Editor Adam Ismail will be taking over *TDS* duty, which will time shift the publishing a bit from the normal schedule. Also as a heads up, we'll be slowing things down through the holidays and tomorrow will be the last 2025 edition of *TDS* until we ramp back to full speed in the new year. Can't have coffee, or really any food or liquid, so let's just get into it. 🚘 What I’m driving: The 2026 Hyundai Palisade Hybrid left my driveway and I'm going to need to be cleared to drive before we talk about another car, so we'll just see you in the new year. πŸ’° Polestar entered a credit agreement with its Chinese parent, Geely, via the Chinese company's Swedish-based investment arm known as Geely Sweden Holdings AB; the agreement is a [$600 million lifeline for Polestar]() in which the last $300 million will require a lender consent based on the automaker's future liquidity needs. ⛽️ Nissan dealers want fresh product, margins, and [hybrids all while protecting profits](). πŸš• Waymo's driverless taxis were stuck [frozen in traffic due to a power outage]() in San Francisco. πŸ“‰ New-vehicle sales are [predicted to trend down in 2026]() from current 2025 levels. πŸ€‘ Tesla finally [won the final court battle]() over CEO Elon Musk's pay package via the Delaware Supreme Court. 🐎 The New York State Police are [adding Ford Mustang GTs to their fleet](). *Have feedback on the formatting of TDS? Send us a note: tips@thedrive.com* ## Author Overseeing what you see, read, touch, hear, and interact with from the vast lakes of Minnesota, Joel Feder shapes how The Drive looks and operates as the head of content and product initiatives. On a daily basis, Joel leads the newsroom and editorial staff playing point on both short-term coverage and long-term strategic plans. His mission is to help ensure The Drive shapes the future of automotive media by helping the team execute original reporting, breaking news, and exclusive opportunities. Regarded as an industry insider and recognized by colleagues, fellow journalists, and manufacturers as a point-person and leader in the industry, Joel owns and runs the largest automotive professionals group on Facebook in an effort to serve and help others. Joel serves as a juror for the World Car Awards. In addition, he is the board chair and chair of the governance and nominating committee for Move Forward MN, a local non-profit that helps at-risk youth with barrier-free mental health and housing services. While you’re reading this he’s either on his computer or iPhone chasing the latest news or drafting a story. ### Author social links [Instagram]() [LinkedIn]() [Bluesky]() [Email]()