Polestar woos "Swasticar" owners

[Infinite Chaos]

Tesla sales in the EU are down 45%, despite the EV market growing 37%. Tesla’s share price has plummeted by 41%, wiping hundreds of billions of dollars from its value. There are no signs that this will end, and JP Morgan is predicting that Tesla’s shares will lose 66% of their value by the end of the year. In fact, Tesla is selling so few vehicles that they are risking their lucrative regulatory emissions credit business, responsible for 30% of their total income! But if Musk is killing Tesla, Polestar wants to deliver the final blow. They are offering Tesla drivers a $20,000 discount for a new Polestar if they trade in their “swasticars.”

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Volvo's luxury EV brand "Polestar" seems out to stick the knife into Tesla with a very tempting offer of $5000 off the lease for a brand new Polestar (on top of a $15,000 offer) - seems only available to Tesla owners looking to ditch their "swasticar". (polestar's words)
Personally, I believe other reasons are behind Tesla's huge drop in sales but it's also interesting that Tesla have raised concerns that retaliatory tariffs by countries hit by Trump's tariffs will further hit sales.

Trump tariffs: Elon Musk's Tesla raises concern over retaliation risk

The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.

www.bbc.co.uk

Couldn't happen to a nicer fascist.

 

[Jessie C]

I hope Tesla suffers a painful, horrible death. Send the message to Musk just how hated he is, not just by the US, but the whole world. I saw a Tesla car on the road today with the "bumper sticker" apologizing for owning this car. It was heart warming. In the 51 years I've been driving, I've NEVER seen anything like this. Speaks volumns...

 

[phoenix2020]

Not a bad approach. I myself might even consider it if the Polestar 4 was available for sale. I'm keeping my eyes open on a path to getting rid of our Model 3 without taking too much of a beating due to the terrible resale value.

 

[Trumpetman]

The Polestar vehicles I could find were selling for between $78-90k.

However they'll give you $5k off the LEASE for their car.

That's ****ing hilarious.

 

[phoenix2020]

So I was browsing r/Polestar and am seeing thread after thread of people who got rid of recent model Teslas and moved to Polestar. There may be something here.

These are all in the last couple of days, and there are more…









And the list goes on…

 

[Infinite Chaos]

The Polestar vehicles I could find were selling for between $78-90k.

However they'll give you $5k off the LEASE for their car.

That's ****ing hilarious.

Which Tesla model are you comparing that to?