Pricing and more details for Polestar 2, Performance Pack version

Volvo's high-performance subsidiary confirmed more about pricing for the Polestar 2 this week, setting the stage for a showdown with the Tesla Model 3.

The all-electric Polestar 2 has its sights set on the Long Range variants of the smaller Tesla sedan, and thanks to this week's announcement, we now know they'll be very similarly priced in Europe, where the Polestar 2 is now available for order.

The biggest divide in EU pricing is in Germany, where the Polestar 2 will start at 58,800 euros (vs. 54,800 euros for the Model 3 Long Range AWD); the gap in The Netherlands and Belgium is a bit smaller (around 1,000 euros). In the UK, Polestar's 49,900-British-pound price tag is 2,000 pounds dearer than the Tesla's.

Those prices equate to $64,600 in Germany and $61,000 in the UK. That's not far from what Polestar has said about U.S. pricing—that it will cost $63,000 for the first year’s Launch Edition of the model, which will be eligible for the full $7,500 federal plug-in tax credit.

Some time after that, a base version is expected to join the lineup at $43k to $45k, or about $45,400 (39,900 euros) in Europe—or be available by subscription—but both of those things are more than a year out.

Polestar 2

The Polestar 2 will boast more than 400 horsepower and do 0-60 mph in less than five seconds. Those specs fall short compared to the Tesla Model 3 Long Range AWD Performance, which offers more than 450 hp and accelerates to 60 mph in just 3.3 seconds.

While potential buyers may be disappointed by these shortcomings, it's important to note that the Polestar 2 is pretty much a by-the-numbers match for the Long-Range AWD variant of Tesla's small sedan, which offers a little over 400 horsepower and does 0-60 in 4.4 seconds. Both Tesla variants pack a 75-kwh battery pack, which yields a sliver of capacity to the Polestar 2's 78 kwh.

Polestar bundles three years of service and maintenance as part of its out-the-door pricing, which should provide peace of mind for early adopters. The launch markets for Polestar 2 will be Norway, Sweden, Germany, The Netherlands, Belgium and the UK. We won't see any versions of the Polestar 2 in the United States until late in 2020.

Polestar also outlined the new sedan's available Performance Pack, which includes 4-piston Brembo brakes, an adjustable suspension and 20-inch forged alloy wheels. The result, its engineers say, is “a car that wants to be driven.”

“We spent a lot of time obsessing over the finest details of the Performance Pack chassis set-up to find the car’s sweet spot; we call it the 'Golden Ride,'” said Chassis engineer Joakim Rydholm.

Polestar 2 pricing, Tata EV for India, commute times: Today’s Car News

India has a new domestic-brand electric vehicle on the way. The Polestar 2 electric car is priced for Europe, and we have a few more details about its Performance Pack. Commute times surge. And Spain claims what might be the speediest fast charger for cars—if only there were a car that could use it at its potential. This and more, today at Green Car Reports.

American commute times reached another record high in 2018. Although our cars might have become cleaner and more efficient, it’s a dark cloud that hangs over those gains.

Polestar, the electric-car brand that taps into resources from Volvo and Geely, has announced European pricing for its upcoming Polestar 2, which is shaping up to be the closest potential rival to the Tesla Model 3 yet. It’s also revealed pricing and more details regarding the Polestar 2 Performance Pack version.

India will soon have a home-grown affordable electric car: the Tata Nexon EV. With the same parent company as Jaguar and, likely, some technology-sharing between the companies, it could mean serious competition for other brands setting India as the next big market for electric vehicles.

Spain has hardly been a hub for DC fast charging and electric vehicles, however a charging network there is claiming the highest-power DC charging station—intended for cars and passenger vehicles—anywhere in Europe.

And Waymo is laying out the foundation for sending its self-driving cars out to the busy streets of Los Angeles—by having human drivers map out the streets of some portions of the city.

_______________________________________

Follow Green Car Reports on Facebook and Twitter

Tesla electric pickup truck unveiling is still planned for next month

We haven’t heard much about Tesla’s plans to unveil its electric pickup truck prototype lately, but CEO Elon Musk insists that they are still planning to unveil it next month. While Model Y is Tesla’s next vehicle to come to market, the upcoming pickup truck is currently getting more attention ahead of a planned unveiling.… Continue reading Tesla electric pickup truck unveiling is still planned for next month

I Invest In Tesla Because I Believe In Elon Musk

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Published on October 5th, 2019 |

by Johnna Crider

I Invest In Tesla Because I Believe In Elon Musk

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October 5th, 2019 by Johnna Crider

Image: screenshot of Tesla stock summary from Google.com

I invest in Tesla because I believe in Elon Musk, and what he and Tesla are doing for our world. There’s more, though. I am writing this because I want to address something I’ve seen in my Twitter feed all too often.

First of all, I am not a stockbroker and am I not giving stock buying advice. I’m just sharing my story, what I’ve seen and how and why I am investing. I am a small shareholder of Tesla, meaning that I don’t own that many shares. However, I have become friends through Twitter with people who own much more stock in Tesla.

The waves that Tesla is making will eventually become tsunamis of change. This change is what people are afraid of. This is why, in my opinion, the stock is moving as if caught in the winds of a hurricane.

Tesla is a volatile stock. When a company is out there making really big waves, those waves have to go somewhere. Sometimes they splash back onto the source making those waves. In this case, Tesla is making waves in the market by affecting major industries — oil, autos, and energy. This means that the stock will be like that of riding the Blue Hawk at Six Flags. It’s going to be intense, and watching the price movements on a day-to-day basis could be insanely stressful for those who have invested everything they have into Tesla, or at least a lot of money.

A year ago, I’d just barely begun to learn about the stock end of Tesla. I didn’t know about the symbols, didn’t really understand what shorting a stock meant, and, honestly, I thought Elon was just being weird when he talked about burning shorts. Why burn shorts? Just donate them to a shelter or thrift store. That was what was going through my head.

As a student of life, as my mentor always said we all are, we are always on a learning path. A master or teacher of a topic is just someone who is a bit further ahead of you on whatever path of knowledge you are own. In this case, who actually knows where Tesla and TSLA are headed?

Last year, I went through a dramatic life change that took me by surprise, leaving me adrift and emotionally devastated. When Elon took the time to be kind to me — a stranger who he didn’t have to do that for — it just fueled my belief in him. From my own perspective, Elon Musk isn’t just a role model who is trying to make a difference, he is someone who is making a difference despite those gigantic waves coming back on to him. My thought was, how can I, someone who just started a minimum wage job, help someone like Elon Musk?

That’s when I discovered investing. I started with apps like Stockpile, but the fees were too much. So I saved up the money and used the Robinhood app to make my first purchase of Tesla in November of last year. It was a late birthday present to myself, but also my way of giving back to not just Elon Musk, but to a community of supporters who love Tesla, SpaceX, and Elon Musk. This is a community that offered me friendship and knowledge, and kept me grounded. By purchasing the stock, to me, I am taking part in helping Tesla reach its goals of advancing us to a sustainable future. I did it because I wanted to support something larger than myself.

Investing Isn’t For Everyone, And Here’s Why
What I want to address is the panic over the stock price’s movements. If you are worried that you are going to lose money, then straight up, you should not invest. In fact, if you don’t have a steady income and are struggling to meet your basic needs, you should not invest. If you want to do something to make a difference, you should build yourself up first. Society has taught some of us to put ourselves last, whether it’s taking care of loved ones or working nonstop because your job needs you when in actuality you are replaceable and they will replace you after you’ve worked yourself to death.

To build yourself up, you need to find something you love doing and make money doing it. I do with jewelry. My jewelry sales revenue is what I used to invest in Tesla. I make sure I have enough to buy more wire, gems and minerals, findings, and whatever else I need first. Then I divide what’s left into two parts. One part is a gift to myself — because I believe in rewarding myself for my own hard work. The other part is for buying Tesla stock.

If you are in a situation where you are barely making ends meet, you need to build yourself up. How can we take care of others before we take care of ourselves?

To The Naysayers & Worriers, I Say This
Image: screenshot from Robinhood app

I’ve often seen messages from TSLA short sellers saying, “Thank you for your money,” or other tweets that jeer at me for investing in Tesla. I have a lesson for you. Money comes and goes. Sales come and go. I used to get so sad when I would miss a discount on beads at some of my vendors. Then, over time, I realized that they always have these sales. It’s the same thing with the stock. The price falls and rises so much that, really, it’s not a loss to me.

Money is like energy. Energy changes shape and form. In fact, money to many equals security. If I have all of my needs met, then am I really losing anything by investing extra into something I believe in? No. I’m not. I remember one time I lost $20. I was devastated that day. Then a week later I found $100 on the ground. The lesson: money comes and goes constantly.

For those who think the stock has nothing to do with actually helping Tesla, I think you’re wrong. True, I am still learning, but the continuous fluctuation of the stock keeps Tesla in the news — and for a company that doesn’t buy advertising, this is a good thing. The constant negative headlines attacking Tesla create more opportunities for owners and shareholders to start conversations that will lead to the truth. I invest in Tesla because I believe in Elon Musk and the Tesla mission.

About the Author

Johnna Crider Johnna Crider is a Baton Rouge artist, gem and mineral collector, and Tesla shareholder who believes in Elon Musk and Tesla. Elon Musk advised her in 2018 to “Believe in Good.”

Tesla is one of many good things to believe in. You can find Johnna on Twitter

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Tesla Model 3 takes over the UK with a record quarter

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