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Polestar To Cut 15% Of Its Staff Globally Amid ‘Challenging Market Conditions’

Polestar, Volvo’s sister company in Geely’s growing portfolio of automotive marques, will lay off about 15% of its workforce globally, which amounts to roughly 450 people losing their jobs, the manufacturer said on Friday, according to Reuters. The Geely-owned carmaker builds the all-electric Polestar 2 liftback, Polestar 3 SUV, and Polestar 4 coupe-like SUV…

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Tesla Cybertruck Owner Says $20,000 Foundation Series Premium Isn’t Worth It (Updated)

When it arrives sometime in 2025, the rear-wheel drive Tesla Cybertruck will be the cheapest version of the angular pickup, start at $60,990, according to the American EV maker’s website. But that’s not available yet, making the dual-motor all-wheel drive version the most affordable trim currently available. This one starts at $79,990, but reservation…

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