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Polestar 2 with 275-mile range goes on sale in US via online configurator
Volvo and Geely-owned company Polestar has announced a $59,900 starting price for its Polestar 2 all-electric sedan.
The company announced European pricing for its electric car in October: £49,900 in the U.K. and €58,000 in Germany, Belgium, and the Netherlands. During the same press release, Polestar indicated a $63,000 price point for its vehicle in the U.S., but it managed to undercut this target by just over $3,000. Head of Polestar USA, Gregor Hembrough stated, “The MSRP is lower than we originally targeted, and will be extended to all of our current reservation holders.”
Additionally, the Polestar 2 will have multiple upgrades available for an additional cost. These include a $5,000 performance pack that upgrades suspension and braking within the vehicle, Nappa interior leather upgrades for $4,000, 20-inch alloy wheels for $1,200, and Premium Metallic paint colors for $1,200.
Production of the Polestar 2 began in late March 2020. U.S. deliveries will start in Summer 2020 for those who hold a reservation for the car, but it is unknown if the current COVID-19 pandemic will delay the timeframe for deliveries.
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- Credit: Polestar
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- (Credit: Polestar)
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- Credit: Polestar
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- Credit: Polestar
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- (Credit: Polestar)
Polestar will offer one powertrain option for U.S. owners initially. With a 78 kWh battery pack powering a dual electric motor system, the car will produce 408 horsepower and 487 pound-feet of torque. The Polestar 2’s range is 275 miles, according to EPA tests.
The Polestar 2 will also utilize a built-in infotainment system powered by Android and Google Assistant, a first for an automaker. The car will also use Google Maps for GPS navigation and application downloads through the Google Play Store.
Polestar also launched a mobile app in March 2019 that aims to ease the pressure of the car buying process. “We are making it hassle-free and easier for customers to engage with the Polestar brand and enjoy their car. From finding out information about Polestar cars, through to subscribing for a new Polestar, all the way to starting your car using our Phone-as-Key technology – everything can be done through your mobile device,” Polestar CEO Thomas Ingenlath said.
The vehicle is currently available for purchase exclusively on Polestar.com. However, the company plans to begin opening physical retail showrooms, known as Polestar Spaces, where a specialist will give interested customers information on the Polestar 2. The stores will first be available on the West Coast and New York City around the same time as initial deliveries, but more locations will open in the future.
The car is available for purchase in all 50 states, and Polestar plans to release details that will describe leasing and financing options soon, according to a company release.
While some enthusiasts label the Polestar 2 as a rival of the Tesla Model 3, it is crucial to remember Elon Musk’s thoughts on competition within the electric car sector. While it is undoubtedly essential for companies to try and beat their competitors by offering more power, speed, range, or technology, Musk has always indicated that Tesla has no competitors who make electric cars.
The competition lies within companies that have no plans to initiate a transition into an electric future. Polestar plans to enter the electric car industry by offering a quality vehicle that could make the company a striking force within the BEV community.
Elon Musk
SpaceX Starship just nailed something it’s never done before
SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.
Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.
Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.
Starship as seen from Starlink satellites pic.twitter.com/e2hvfmnewh
— Elon Musk (@elonmusk) July 25, 2026
Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”
Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.
What an awesome launch, really seems like everything went super well and it was all incredibly smooth.
SpaceX is awesome. Very interested to see how the market will respond on Monday pic.twitter.com/KSHmyBfV55
— TESLARATI (@Teslarati) July 25, 2026
— TESLARATI (@Teslarati) July 25, 2026
The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.
SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.
Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.
The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.
Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:
Tesla Diner opened exactly 1 year ago. Inspiring that futuristic places like this exist.
It’s our highest usage Supercharger in the world: 21.2 GWh delivered in a year, 1.6k sessions/day.
Top 10 Superchargers by energy delivered: https://t.co/9YvJ8lw696 pic.twitter.com/koB3AUJHws
— Max (@MdeZegher) July 21, 2026
On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.
Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.
Tesla makes major change at Supercharger Diner amid epic demand
Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.
Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.
Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to Bloomberg. Shares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.
Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.
However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.
S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.
Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.
At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.
SpaceX Starship just nailed something it’s never done before
Tesla’s Supercharger Diner probably just secured more locations
