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Polestar 2 gets a fresh design with sustainability and ethical sourcing in focus

Credit: Polestar

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Polestar announced today that its award-winning electric vehicle, the Polestar 2, is receiving sustainability and design updates to minimize climate impact and increase material sourcing transparency as ethical sourcing remains a primary focus of the Swedish automaker.

The Polestar 2 is receiving design updates to its interior, as well as new colors and wheel options for drivers to choose from when ordering the all-electric vehicle. Additionally, numerous improvements to vehicle range ratings will be applied to future builds of the Polestar 2 thanks to the expansion of blockchain traceability for ethical mining practices and a reduced carbon footprint due to the use of renewable energy.

“We have revisited the materials and processes that go into making Polestar 2, introducing updates that reduce climate impact and increase the material traceability of this award-winning car,” Polestar CEO Thomas Ingenlath said. “These are important additions to how we can improve cars over their lifetime – not just with functionality and design updates but addressing sustainability and carbon footprint as well.”

The most crucial improvement to the Polestar 2 is to its batteries, thanks to a partnership with traceability leader Circulor, which now includes blockchain accountability for mica in addition to cobalt, “both of which are critical battery components of an electric car,” the automaker said. The use of blockchain technology allows Polestar to trace where its battery materials and risk materials are sourced from, ensuring they are obtained through ethical mining and manufacturing processes. One of the key arguments against the transition of electric vehicles has been how automakers and battery suppliers obtain the metals and materials necessary for the production of the cells.

Polestar 2 receives top marks in crash safety tests, living up to its Volvo roots

Companies have fought for years to alleviate the idea that EV batteries are not sustainable and that they are obtained in unethical ways. Tesla, for example, detailed in its most recent sustainability report that it uses a series of due diligence processes and randomized checks at its mines across the world to ensure the materials are mined and obtained with ethical practices.

The use of these blockchain accountability programs also translates to better emissions ratings in the Polestar 2, the company says, as the aluminum tray carrying the battery pack will reduce carbon emissions of 1,653 pounds (750 kilograms) per car. This was made possible by purchasing only the aluminum for the tray from suppliers that utilize renewable energy. A low-carbon aluminum is also being used in the Polestar 2’s wheels to increase sustainability metrics.

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“In our program updates, we want to take action on improvements that can make a positive sustainability impact quickly, rather than traditional mid-cycle facelifts,” Polestar Head of Sustainability Fredrika Klarén said. “Product optimization programs are common in the car industry, but we are taking an extended approach at Polestar, combining these with CO2e reduction programs as well. A first pilot has been rolled out, replacing the aluminum in the wheels with low-carbon aluminum that is produced using renewable energy. We expect this to result in a 1,322lb (600 kg) CO2e reduction per car for Polestar 2 in the second half of the year. Together with the improvements to aluminum in the battery tray, we’re expecting to see a total reduction of around 2,976lbs (1,350kg) per car.”

Other improvements, like the use of cruelty-free interior materials, are being added. Polestar parent company Volvo announced that it would use “vegan” leather in all of its EVs, starting with the C40 Recharge. The Polestar 2 will also have two new exterior colors, Space (Metallic Black) and Jupiter (Gold-Grey with Red Flake).

Here are each of the changes that will be applied to the Polestar 2:

  • New exterior colors: Space (metallic black) and Jupiter (gold-grey with red flake)
  • New designs for the standard 19-inch and optional 20-inch wheels
  • New Zinc grey color for ventilated Nappa leather upholstery, available with a new Light Ash deco trim
  • Removable sunshade for the panoramic glass roof (also available as an accessory for all Polestar 2 with glass roof)
  • The mechanical heat pump (included in Plus Pack) has an improved optimal temperature range, now between 20°F and 77°F (-7°C and 25°C), increasing real-world vehicle range in adverse conditions.
  • Introduction of an advanced cabin filter and upgraded interior particulate matter sensor with new in-car app that quantifies exterior air quality improvement in the cabin

Pricing, updated range ratings, and availability for the North American market will be announced in the coming weeks, Polestar said.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it

The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.

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The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.

The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.

The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.

The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.

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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.

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Elon Musk and SpaceX shrugs off the trading day Wall Street feared most

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.

Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.

SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles

The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”

When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.

The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.

None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.

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The Boring Company’s newest Vegas Station has a permit quietly waiting behind it

Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.

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Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.

The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.

The Boring Company just doubled its tunneling power in Nashville

The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.

Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.

For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.

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