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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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President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
President Trump touts new Air Force One with Musk technology
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
