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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
Elon Musk’s Starbase, TX included in $84.6 million coastal funding round
The funds mark another step in the state’s ongoing beach restoration and resilience efforts along the Gulf Coast.
Elon Musk’s Starbase, Texas has been included in an $84.6 million coastal funding round announced by the Texas General Land Office (GLO). The funds mark another step in the state’s ongoing beach restoration and resilience efforts along the Gulf Coast.
Texas Land Commissioner Dawn Buckingham confirmed that 14 coastal counties will receive funding through the Coastal Management Program (CMP) Grant Cycle 31 and Coastal Erosion Planning and Response Act (CEPRA) program Cycle 14. Among the Brownsville-area recipients listed was the City of Starbase, which is home to SpaceX’s Starship factory.
“As someone who spent more than a decade living on the Texas coast, ensuring our communities, wildlife, and their habitats are safe and thriving is of utmost importance. I am honored to bring this much-needed funding to our coastal communities for these beneficial projects,” Commissioner Buckingham said in a press release.
“By dedicating this crucial assistance to these impactful projects, the GLO is ensuring our Texas coast will continue to thrive and remain resilient for generations to come.”
The official Starbase account acknowledged the support in a post on X, writing: “Coastal resilience takes teamwork. We appreciate @TXGLO and Commissioner Dawn Buckingham for their continued support of beach restoration projects in Starbase.”
The funding will support a range of coastal initiatives, including beach nourishment, dune restoration, shoreline stabilization, habitat restoration, and water quality improvements.
CMP projects are backed by funding from the National Oceanic and Atmospheric Administration and the Gulf of Mexico Energy Security Act, alongside local partner matches. CEPRA projects focus specifically on reducing coastal erosion and are funded through allocations from the Texas Legislature, the Texas Hotel Occupancy Tax, and GOMESA.
Checks were presented in Corpus Christi and Brownsville to counties, municipalities, universities, and conservation groups. In addition to Starbase, Brownsville-area recipients included Cameron County, the City of South Padre Island, Willacy County, and the Willacy County Navigation District.
Elon Musk
The Boring Company wins key approval for Nashville Music City Loop
The approval allows The Boring Company to use state-owned right-of-way along Tennessee’s highway system.
Tennessee Gov. Bill Lee announced that the Tennessee Department of Transportation (TDOT) and the Federal Highway Administration (FHWA) have jointly approved The Boring Company’s lease application and enhanced grading permit for the Music City Loop.
The approval allows The Boring Company to use state-owned right-of-way along Tennessee’s highway system, clearing a key hurdle for the privately funded tunnel project that aims to connect downtown Nashville to Nashville International Airport in approximately eight minutes, the Office of the TN Governor wrote in a press release.
“Tennessee continues to lead the nation in finding innovative solutions to accommodate growth, and in partnership with The Boring Company, we are exploring possibilities we couldn’t achieve on our own,” Gov. Lee said in a statement.
“The Boring Company is grateful for the leadership and hard work of federal, state, and local agencies in bringing this project to a shovel-ready point,” The Boring Company President Steve Davis said. “Music City Loop will be a safe, fast, and fun public transportation system, and we are excited to build it in Nashville.”
With lease and permitting approvals secured, The Boring Company will move forward with the Loop system’s construction immediately. The first segment of the Loop system is expected to be operational by the end of the year.
The Music City Loop will run beneath state-owned roadways and is designed to connect downtown Nashville to the airport, as well as lower Broadway to West End. The project will be 100% privately funded.
“The Music City Loop shows what’s possible when we leverage private-sector innovation and American ingenuity to solve transportation challenges,” said U.S. Transportation Secretary Sean Duffy. “TDOT’s lease approval will help advance this ambitious project as we work to reduce congestion and make travel more seamless for the American people.”
The Boring Company described the Loop as an all-electric, zero-emissions, high-speed underground transportation system that will meet or exceed safety standards. The Vegas Loop, for one, earned a 99.57% safety and security rating from the DHS and the TSA, the highest score ever awarded to any transportation system.
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Tesla China extends its 7-year financing promotion once more
The move marks Tesla’s second extension of the program this year.
Tesla has extended its seven-year ultra-low-interest and five-year interest-free financing programs in China once more, pushing the offers through March 31, the end of the first quarter.
The move marks Tesla’s second extension of the program this year. The financing plan was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026.
The original promotion was set to expire at the end of January but was extended to the end of February. This has now been extended again through March.
The repeated extensions reflect growing competitive pressure. Tesla’s 2025 retail sales in China totaled 625,698 units, representing a 4.78% year-on-year decline, as per data compiled by CNEV Post. That being said, this decline is partly caused by the Model Y’s changeover to its new variant in Q1 2025, which resulted in lower sales during the quarter.
In early 2026, the Model Y also lost its position as China’s top-selling EV in January to Xiaomi’s YU7, though this was also a month when Tesla primarily exported vehicles to foreign territories, which pushed local delivery numbers lower.
During January 2026, Tesla China exported 50,644 vehicles, roughly 1.7 times higher than the same month a year ago and more than 15 times higher than December’s level.
Tesla’s financing push has not gone unanswered. BYD this week introduced its own seven-year low-interest plan across its Ocean lineup and Fang Cheng Bao sub-brand, also valid through March 31. Other competitors including NIO, XPeng, Li Auto, and Geely Auto have already rolled out extended-term loan programs as well.
Elon Musk’s Starbase, TX included in $84.6 million coastal funding round
The Boring Company wins key approval for Nashville Music City Loop
