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Tesla Model 3 vs Polestar 2: performance, features, batteries, and price

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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.

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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.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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These Tesla, X, and xAI engineers were just poached by OpenAI

The news is the latest in an ongoing feud between Elon Musk and the Sam Altman-run firm OpenAI.

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Credit: OpenAI | YouTube

OpenAI, the xAI competitor for which Elon Musk previously served as a boardmember and helped to co-found, has reportedly poached high-level engineers from Tesla, along with others from xAI, X, and still others.

On Tuesday, Wired reported that OpenAI hired four high-level engineers from Tesla, xAI, and X, as seen in an internal Slack message sent by co-founder Greg Brockman. The engineers include Tesla Vice President of Software Engineering David Lau, X and xAI’s head of infrastructure engineering Uday Ruddarraju, and fellow xAI infrastructure engineer Mike Dalton. The hiring spree also included Angela Fan, an AI researcher from Meta.

“We’re excited to welcome these new members to our scaling team,” said Hannah Wong, an OpenAI spokesperson. “Our approach is to continue building and bringing together world-class infrastructure, research, and product teams to accelerate our mission and deliver the benefits of AI to hundreds of millions of people.”

Lau has been in his position as Tesla’s VP of Software Engineering since 2017, after previously working for the company’s firmware, platforms, and system integration divisions.

“It has become incredibly clear to me that accelerating progress towards safe, well-aligned artificial general intelligence is the most rewarding mission I could imagine for the next chapter of my career,” Lau said in a statement to Wired.

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At xAI, Ruddarraju and Dalton both played a large role in developing the Colossus supercomputer, which is comprised of over 200,000 GPUs. One of the major ongoing projects at OpenAI is the company’s Stargate program,

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“Infrastructure is where research meets reality, and OpenAI has already demonstrated this successfully,” Ruddarraju told Wired in another statement. “Stargate, in particular, is an infrastructure moonshot that perfectly matches the ambitious, systems-level challenges I love taking on.”

Elon Musk is currently in the process of suing OpenAI for shifting toward a for-profit model, as well as for accepting an investment of billions of dollars from Microsoft. OpenAI retaliated with a counterlawsuit, in which it alleges that Musk is interfering with the company’s business and engaging in unfair competition practices.

Elon Musk confirms Grok 4 launch on July 9 with livestream event

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SpaceX share sale expected to back $400 billion valuation

The new SpaceX valuation would represent yet another record-high as far as privately-held companies in the U.S. go.

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A new report this week suggests that Elon Musk-led rocket company SpaceX is considering an insider share sale that would value the company at $400 billion.

SpaceX is set to launch a primary fundraising round and sell a small number of new shares to investors, according to the report from Bloomberg, which cited people familiar with the matter who asked to remain anonymous due to the information not yet being public. Additionally, the company would sell shares from employees and early investors in a follow-up round, while the primary round would determine the price for the secondary round.

The valuation would represent the largest in history from a privately-owned company in the U.S., surpassing SpaceX’s previous record of $350 billion after a share buyback in December. Rivaling company valuations include ByteDance, the parent company of TikTok, as well as OpenAI.

Bloomberg went on to say that a SpaceX representative didn’t respond to a request for comment at the time of publishing. The publication also notes that the details of such a deal could still change, especially depending on interest from the insider sellers and share buyers.

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SpaceX’s valuation comes from a few different key factors, especially including the continued expansion of the company’s Starlink satellite internet company. According to the report, Starlink accounts for over half of the company’s yearly revenue. Meanwhile, the company produced its 10 millionth Starlink kit last month.

The company also continues to develop its Starship reusable rocket program, despite the company experiencing an explosion of the rocket on the test stand in Texas last month.

The company has also launched payloads for a number of companies and government contracts. In recent weeks, SpaceX launched Axiom’s Ax-4 mission, sending four astronauts to the International Space Station (ISS) for a 14-day stay to work on around 60 scientific experiments. The mission was launched using the SpaceX Falcon 9 rocket and a new Crew Dragon capsule, while the research is expected to span a range of fields including biology, material and physical sciences, and demonstrations of specialized technology.

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Tesla Giga Texas continues to pile up with Cybercab castings

Tesla sure is gathering a lot of Cybercab components around the Giga Texas complex.

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Credit: @JoeTegtmeyer/X

Tesla may be extremely tight-lipped about the new affordable models that it was expected to start producing in the first half of the year, but the company sure is gathering a lot of Cybercab castings around the Giga Texas complex. This is, at least, as per recent images taken of the facility. 

Cybercab castings galore

As per longtime drone operator Joe Tegtmeyer, who has been chronicling the developments around the Giga Texas complex for several years now, the electric vehicle maker seems to be gathering hundreds of Cybercab castings around the factory. 

Based on observations from industry watchers, the drone operator appears to have captured images of about 180 front and 180 rear Cybercab castings in his recent photos.

Considering the number of castings that were spotted around Giga Texas, it would appear that Tesla may indeed be preparing for the vehicle’s start of trial production sometime later this year. Interestingly enough, large numbers of Cybercab castings have been spotted around the Giga Texas complex in the past few months.

Cybercab production

The Cybercab is expected to be Tesla’s first vehicle that will adopt the company’s “unboxed” process. As per Tesla’s previous update letters, volume production of the Cybercab should start in 2026. So far, prototypes of the Cybercab have been spotted testing around Giga Texas, and expectations are high that the vehicle’s initial trial production should start this year. 

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With the start of Tesla’s dedicated Robotaxi service around Austin, it might only be a matter of time before the Cybercab starts being tested on public roads as well. When this happens, it would be very difficult to deny the fact that Tesla really does have a safe, working autonomous driving system, and it has the perfect vehicle for it, too.

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