News
Polestar 3 all-electric SUV unveiling: 379-mile WLTP range, 517 horsepower, 111 kWh battery
Polestar has unveiled its all-electric SUV, named the Polestar 3, aiming to enter a highly-competitive market and outpoint potential competitors with comparable offerings, including Tesla, Ford, Rivian, and others. Electric vehicle offerings are becoming more plentiful, and Polestar is attempting to capture a considerable portion of the market by offering a quality design, comparative performance, and a competitive range rating.
Polestar launched the Polestar 3 on Wednesday at an unveiling event held in Copenhagen, Denmark. Owned by Geely Motors and Volvo, Polestar has offered the Polestar 2 for nearly two years, with the 4, 5, and 6 vehicles all currently under development. The automaker has shared the Polestar 3 concept images on several occasions, but this is the first time people are seeing the launch of the vehicle directly from the company in a live setting.
“Polestar 3 reimagines the SUV through premium electric performance and innovative, sustainable technology. Changing the automotive landscape while keeping the environment a priority,” Polestar describes the vehicle on its website.
Built in the United States for U.S. Customers
There’s been a lot of talk about electric vehicles and production inside the United States as the Biden Administration has launched several large bills to incentivize not only domestic EV production but also the purchase of EVs by consumers. However, Polestar committed long ago to building the Polestar 3 in the United States, committing to the strategy in June 2021.
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
“We will build in America for Americans,” Polestar CEO Thomas Ingenlath said last year. “Polestar 3 is planned to be launched in 2022 as a premium electric performance SUV that will define the look of SUVs in the electric age. It will also be the first Polestar vehicle to be built in America.”
The Polestar 3 will be built at the Volvo Cars plant in Charleson, South Carolina, and is intended to be one of the most climate-responsible cars ever built.
“Polestar 3 is a powerful electric SUV that appeals to the senses with a distinct, Scandinavian design and excellent driving dynamics,” Ingenlath, said while reaffirming Polestar’s plans to build the car in the U.S. “It takes our manufacturing footprint to the next level, bringing Polestar production to the United States. We are proud and excited to expand our portfolio as we continue our rapid growth.”
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
Next-Gen EV Architecture crafted by Volvo
The Polestar 3 has been Volvo’s introduction to the development of EV architecture. Polestar said the Polestar 3’s new, next-generation architecture has been designed from scratch for full electrification. Supported by Google’s Android Automotive OS infotainment system and featuring high-end, safety-focused autonomous driving features, Polestar intends to launch state-of-the-art and completely unique EV tech, starting with the Polestar 3 in specific.
Focusing on safety and ADAS tech in the Polestar 3
Polestar 3 offers five radar modules, five external cameras, and twelve ultrasonic sensors, enabling advanced safety features. The SmartZone and front aero wing continuously collect information through forward-facing sensors, a heated radar module, and camera. Polestar now says that this is a “signature” of the company’s design.
In the cabin, Polestar has two closed-loop driver monitoring cameras that will track the driver’s eyes to emphasize safer driving. “The cameras monitor the driver’s eyes and can trigger warning messages, sounds and even an emergency stop function when detecting a distracted, drowsy or disconnected driver,” Polestar said.
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
111 kWh battery pack, 379-mile WLTP-rated range, heat pump
Polestar 3 will pack a 111 kWh battery pack offering a generous but preliminary range rating of 379 miles rated by the WLTP. Expect this number to be lower when the EPA tests the vehicle, which has not happened quite yet, according to the agency’s Vehicle Database.
Polestar’s 111 kWh battery pack features prismatic cells housed in a protective aluminum case, reinforced by boron steel and liquid cooling. Polestar also made a heat pump standard on the Polestar 3, helping with efficiency and range degradation, especially in colder climates.
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- (Credit: Polestar)
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
Polestar 3 Order Availability, optional Pilot Pack with LiDAR from Luminar
Polestar said the Polestar 3 will be available for order today. Polestar 3 orders with an optional Pilot Pack with LiDAR from Luminar will be available from Q2 2023. This package adds a supplemental control unit from NVIDIA, three more cameras, four ultrasonic sensors, and cleaning for both front and rear-view cameras. “This enables enhanced 3D scanning of the car’s surroundings in greater detail and helps prepare the car for autonomous driving,” Polestar said.
Production to begin in China, Q4 2023 Deliveries
Initial production will start at Volvo’s facility in Chengdu, China, in an incremental ramp-up phase, Polestar said, which is set to begin in mid-2023. Its launch price is €89,990 ($87,110). The first deliveries will take place in Q4 2023.
Volvo’s Ridgeville, South Carolina facility will build the vehicle to supply North American and other markets. Production will switch from China to the United States, and initial deliveries of units produced in South Carolina will begin in mid-2024.
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News
Tesla Cybercab gets a for sale date at last
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Elon Musk
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Investor's Corner
Tesla reports Q3 Earnings today: here’s what to expect
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.






















