Polestar just became an even better Tesla competitor - Business Insider

With longer range, enhanced performance, and updated looks, the sporty electric sedan has become an even fiercer competitor to Tesla's popular Model 3.

The all-wheel-drive version now cranks out 421 horsepower and 546 pound-feet of torque, allowing a 0-60-mph dash of 4.3 seconds, Polestar says.

It also biases power to the rear wheels which "increases driving pleasure," according to the company, which is owned by Volvo and the Chinese auto group Geely.

The Polestar 2 gets a redesigned front end that houses its radar and forward-facing camera.

If Polestar wants to snag buyers from Tesla's tech-filled and Autopilot-enabled cars, it's a logical choice.

One big advantage for the Tesla Model 3: It qualifies for the federal EV tax credit of $7,500.