If you prioritize acceleration, battery range, and self-driving technology, the Tesla Model 3 is the clear winner. However, the Polestar 2 comes on top if you consider comfort and interior quality. Besides that, the Polestar 2 is a hatchback with hints of a premium Volvo and the Tesla Model 3 is a sedan similar to the Model S — but smaller.
As for the price, the 2023 Polestar 2 starts at $48,800. If you’re buying the 2022 model, it will cost you about $2,500 less than the 2023 model. But if you want the 2023 Long Range Dual Motor trim, it will cost you about $51,900. The biggest improvement of the 2023 Polestar 2 over the 2022 model year is the 11 miles of extra range on the Long Range Dual Motor variant.
The Tesla Model 3 Rear-Wheel Drive starts at $46,990, while the Long-Range trim is sold at $54,490. The Tesla Model 3 Performance is the most expensive trim at $61,990. But with the U.S. Inflation Reduction Act, the Tesla Model 3 will become eligible for the $7,500 tax credit starting January 1, 2023 — although only the trims that are sold for less than $55,000 will be considered.
Unless Volvo builds the Polestar 2 in the U.S., it won’t qualify for the new tax incentive under the Inflation Reduction Act. However, we know Volvo is building an electric SUV in the U.S., and it will be known as the Polestar 3.
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