News
Polestar announces pricing for 2023 Polestar 2, along with numerous improvements
Polestar announced pricing for the 2023 Polestar 2, which will start at below $50,000 before any rebates or federal tax incentives. The Swedish automaker also included several new design and efficiency improvements in the 2023 model year, which will make the EV more competitive with other notable cars in the sector thanks to its improved range.
The 2023 Polestar 2 Single Motor configuration will start at just $48,400, or $40,900 when the $7,500 federal tax rebate is included with the vehicle. A competitive price point for the all-electric sedan, Polestar will undercut both of Tesla’s All-Wheel-Drive trim levels of the Model 3, which are priced at $55,990 for the Long Range configuration and $62,990 for the Performance package.
Software improvements rolled out by Polestar have the company anticipating a range increase of the dual-motor configurations of the vehicle by eleven miles. This will bring the EPA-estimated range for the 2023 Polestar 2 to 260 miles per charge. Polestar also included a number of design benefits and new upgrades that intend to improve efficiency and range ratings, with the most notable being the inclusion of a heat pump in the Plus Pack.
The mechanical heat pump is designed to now deliver range improvements in a wider range of temperatures and climates, which can affect EV performance. Cold weather climates are not friendly to all-electric powertrains because it requires more energy to heat the battery cells, which takes away from the driving range. Additionally, climate control features can also decrease efficiency and range. The heat pump helps combat the range loss by using already-heated air in the cabin, among several other mechanical functions that increase overall vehicle efficiency. Tesla was amongst the first EV manufacturers to utilize the heat pump in early builds of the Model Y. The company then translated the proven heat pump system to the Model 3.
Polestar will continue to roll out Over-the-Air updates to upgrade existing Polestar 2 cars equipped with the heat pump at no additional cost to owners.
-->The Polestar 2 will have optional “packs” that are optional add-ons for owners. The Plus Pack, Pilot Pack, and the Performance Pack both give owners additional features that can improve the ownership experience. The Plus Pack now includes an advanced cabin air filter helping improve air quality within the vehicle. A new air quality sensor and app will also allow drivers to see a breakdown of air circulating outside o the vehicle, including pollen types. The Plus pack adds $4,200 to the vehicle price.
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- Credit: Polestar
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- Polestar 2 in “Space”
The Pilot Pack is comparable to Tesla’s Autopilot and includes Blind Spot Assist, Cross-Traffic Alerts, Rear Collision Warnings with Mitigation, Adaptive Cruise Control, Pilot Assist, 360° cameras, Automatically dimmed door mirrors, Park Assist, and LED fog lights with cornering functionalities. It costs $3,400 for this package.
The Performance Pack for the 2023 Polestar 2 will equip 68 additional horsepower and 15 lb-ft of torque to the car through a software upgrade. It is only available on Dual-Motor configurations of the car, but the software will be able to purchase as a separate software upgrade — for both existing and future dual-motor cars, with and without the Performance Pack. Polestar plans to release more information on the add-ons this year.
Deliveries of the 2023 Polestar 2 will begin in September with the Single-Motor configuration priced at $48,400. The 2023 Long Range Dual Motor configuration of the Polestar 2 will start at $51,900, with both vehicles eligible for the $7,500 federal EV credit initiative.
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News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla appears to be making a change to its exterior side repeater cameras, which are used for the company’s Full Self-Driving suite, and other features, like Sentry Mode.
The change appears to be a potential upgrade in preparation for the AI5 suite, which CEO Elon Musk said will be present on a handful of vehicles next year, but will not be widely implemented until 2027.
Currently, Tesla uses a Sony sensor lens with the model number IMX963, a 5-megapixel camera with better dynamic range and low-light performance over the past iteration in Hardware 3 vehicles. Cameras in HW3 cars were only 1.2 megapixels.
However, Tesla is looking to upgrade, it appears, as Tesla hacker greentheonly has spotted a new sensor model in its firmware code, with the model number IMX00N being explicitly mentioned:
Looks like Tesla is changing (upgrading?) cameras in (some?) new cars produced.
Where as HW4 to date used exterior cameras with IMX963, now they (might potentially) have something called IMX00N— green (@greentheonly) December 1, 2025
Sony has not announced any formal specifications for the IMX00N model, and although IMX963 has been used in AI4/HW4 vehicles, it only makes sense that Tesla would prepare to upgrade these external cameras once again in preparation for what it believes to be the second hardware iteration capable of fully autonomous self-driving.
Tesla has maintained that AI4/HW4 vehicles are capable of self-driving operation, but AI5 will likely help the company make significant strides, especially in terms of overall performance and data collection.
Tesla last updated its exterior cameras on its vehicles back in early 2023, as it transitioned to the 5-megapixel IMX963. It also added additional cameras to its vehicles in January with the new Model Y, which featured an additional lens on the front bumper to help with Full Self-Driving.
Tesla’s new self-driving computer (HW4): more cameras, radar, and more
Tesla sees sharp November rebound in China as Model Y demand surges
Tesla bear gets blunt with beliefs over company valuation
