How does the Polestar 1 compare to Tesla?
Polestar powertrains consistently pull ahead in performance. While Tesla motors tend to have the edge in range, both models are excellent for commuting and vacations alike. Despite being a relatively new company, Polestar models are engineered to have excellent lifespans similar to Tesla models. This is a highly unprofitable business heading into a hypercompetitive moment in the automotive space, where electric vehicles keep losing market share. Its balance sheet is in terrible shape, and it keeps burning cash. Polestar stock is likely to fall lower and lower from here.As a fully electric brand, Polestar is suffering from the slow uptake of EVs in the US, which has cut tax credits for battery powered vehicles. The US now represents just 8% of its sales, down from 16% a year ago.Michael Lohscheller, Polestar CEO, says: “We are making progress in our commercial transformation, expanding our dealer network and opening retail locations across our 28 markets, resulting in revenue growth of 49% in the first nine months of 2025.
Is the Polestar 1 a Volvo?
The Polestar 1 is a 2-door plug-in hybrid sports car marketed by Polestar, a brand of Volvo Cars. It was the first car produced by the company since becoming an independent car manufacturer in June 2017. Volvo eventually bought the company in July 2015 and began selling Polestar-enhanced models directly through their resellers.