The Tesla Model 3 and the Polestar 2 were recently pitted against each other by motoring outlet Top Gear. During the magazine’s review, the two vehicles were compared according to their efficiency, performance, and overall long trip capability, to name a new. As it turns out, it appears that the Polestar 2 is both the Model 3’s current biggest rival and strongest ally.
The Model 3 and the Polestar 2 are comparatively priced, with both vehicles commanding a price of about £600 per month in the UK. The two vehicles are also comparable when it comes to their batteries, with the Model 3 sporting a 75 kWh pack and the Polestar 2 being equipped with a 78 kWh unit. Consumption favors the Tesla during a 500-mile drive, however, as the Model 3 consumed 28.4 kW per 100 miles as opposed to the Polestar 2’s 35.7 kW per 100 miles. Part of this is due to the Polestar 2’s weight, which is about 595 lbs heavier than the Model 3.
That being said, when it comes to raw performance, the Model 3 proved to be far zippier than the Polestar 2, with the Tesla hitting 60 mph in 3.2 seconds and the Polestar 2 taking 4.4 seconds to hit highway speed. Top Gear then mentioned something quite interesting. During their test, they opted to put the Model 3 on Chill Mode for the most part while they were operating the vehicle. But even with Chill Mode, the Model 3 still made the Polestar 2 work hard to keep pace.
“This Tesla is the 450bhp Performance, and it pulled an easy ten lengths on the Polestar off every roundabout or away from each village, but we found ourselves driving it in power-reducing Chill mode most of the time, simply to escape the sudden, neck-straining step-off every time we gently pulled away. It’s very eager. Even in reverse, which is a bit disconcerting. Chill mode smoothed the throttle nicely and still made the Polestar work hard to keep pace,” the publication noted.
One thing that stands out is the fact that unlike the Model 3, which was built as an all-electric vehicle, the Polestar 2 is actually built on Volvo’s CMA architecture, which also underpins the popular XC40. The Polestar 2 is also made with steel panels, which are heavier than the aluminum that’s used in some parts of the Model 3. But despite this, the motoring publication noted that the Polestar, like the Tesla, does not feel heavy on the road at all, thanks to its low center of gravity.
Top Gear did state that there are some areas where the Model 3 falls beneath the Polestar 2. One of these is the vehicles’ interior quality, which is an area where Polestar excels in. Another concerns the two vehicles’ driving dynamics. The publication noted that the softer sprung Tesla gets a bit jiggled from side to side and it does not have impressive body control. The Model 3’s steering was also described as “pretty nasty,” as it has an initial resistance that fades as the driver turns.
The publication noted that the Model 3’s steering could not be described as “sporty or involving,” just effective. On the other hand, the Polestar 2’s steering and controls were described as reassuring in the way that they are “meatier and more satisfying.” But despite these drawbacks, the Model 3 still rides more comfortably compared to the Polestar 2.
The two vehicles also compare very well when it comes to their tech, as the Polestar 2’s Google-powered software experience stands pretty well against Tesla’s custom OS for the Model 3. Both vehicles have robust driver-assist features as well, though Top Gear noted that both Tesla and Volvo’s autonomous efforts still have large areas for improvement. This is especially true for Tesla, which sells a Full Self-Driving suite for the Model 3. Both cars are capable of long-distance travel, thanks to the Supercharger Network and Polestar’s partnership with Plugsurfing. But between the two, the Model 3 provides a faster, easier charging experience.
Ultimately, the Polestar 2 is a stellar effort on Volvo’s part. It’s attractive, well-built, and it carries the best of Volvo’s tech and features in an all-electric package. That being said, Top Gear concluded that ultimately, the Model 3 would likely still be the vehicle to choose if one were looking for an electric car, simply because it provides a more complete ecosystem of ownership.
“The Polestar experience is still very Volvo – and there’s nothing wrong with that. No Volvo drives as well as this, nor oozes more Scandi calmness and cool. It’s pure hygge. I know this is less than analytical but I love what it stands for, what it looks like, it’s the one I’d rather be seen driving and yet… the Tesla wins. Given a straight choice between the two, that’s the one I’d drive away. Nothing to do with its speed or autonomy – the two things usually championed by the Teslarati – but because of its ease of use, efficiency, the supercharger network. It’s the more complete mode of transport,” the magazine noted.
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.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
