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Tesla Model 3 vs Polestar 2: performance, features, batteries, and price
Volvo’s Polestar 2, which has been dubbed as a potential competitor to the best-selling Tesla Model 3, was recently unveiled. Here is a comparison of the vehicles in terms of their performance, features, batteries, and price.
Performance and Features
The Polestar 2 is equipped with dual motors that produce 408 hp, which allow the car to go from 0-60 mph in under 5 seconds. It is also an electric vehicle that features a deep integration with Google’s Android ecosystem, with its interior being dominated by an 11″ touchscreen that is loaded to the brim with familiar apps like Google Maps and Google Play Music. The Polestar 2 even has Google Assistant, which is arguably one of the most robust voice assistants in the market today, rivaling Apple’s Siri and Samsung’s Bixby.
The Model 3 features Tesla’s trademark performance and tech. The Model 3 Performance, which is in the same price category as the Polestar 2 Launch Edition (the first version of the car that will enter production), is equipped with dual motors that produce 450 hp, allowing the vehicle to sprint from 0-60 mph in 3.3 seconds. The Model 3 also features Tesla’s custom tech for its electric cars, which include features such as Autopilot. The vehicle also receives regular, free over-the-air software updates, which improve the vehicle and add features such as the recently-released Sentry Mode and Dog Mode.
Batteries and Range
The Polestar 2 is equipped with a sizable 78 kWh battery pack comprised of cells from LG Chem, which the company expects will give the fastback a range of 275 miles per charge. This figure is lower than the estimates of Polestar COO Jonathan Goodman last year, when he mentioned to Autocar at the 2018 Goodwood Festival of Speed that the Polestar 2 will have a range of around 350 miles per charge.
In comparison, the Long Range Tesla Model 3 is equipped with a ~75 kWh battery pack made of cells produced in Tesla’s Gigafactory 1 in Nevada. Despite having a smaller battery than the Polestar 2, the Long Range Model 3 features more range at 310 miles per charge. Tesla’s Mid Range Model 3, which is speculated to be equipped with a 62 kWh battery, features a range of 264 miles per charge.
Price
At a price between $45,000 for the base version and $68,000 for the fully-loaded top-tier variant, the Polestar 2 is a pretty solid option in the electric vehicle market. The Polestar 2 “Launch Edition,” which costs $63,000 and is expected to be produced first, is priced comparably with the Model 3 Performance, providing would-be electric car buyers who do not wish to purchase a Tesla a good alternative.
Tesla has been able to bring the price of the Model 3 down over the past few months. Currently, Tesla sells the vehicle’s most affordable variant, the Mid Range Model 3, for $42,900 before savings. The Long Range Dual Motor AWD Model 3 sells for $49,900 before savings, and the top-tier Model 3 Performance costs $60,900 before savings. Buyers who opt to purchase Enhanced Autopilot can order the driver-assist system for $5,000.
Conclusion
Ultimately, it should be noted that the Polestar 2 is something more than a competitor for the Model 3. It is a well-rounded vehicle produced by an experienced carmaker that is unashamedly electric; and thus, it is more of a threat to gasoline-powered cars than it is to other EVs on the market. With vehicles such as the Model 3 and the Polestar 2, it might be only a matter of time before the era of high-performance sedans such as the BMW M3 and the Mercedes-AMG C 63 S comes to an end.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
