#ConceptLawn# Countdown: The #Polestar1# will be making its North American debut at the #PebbleBeachConcours#. This Electric Performance Hybrid GT from @PolestarCars features a number of innovative and beautiful details, one being the electrical connections display in the trunk.

U.S. Bans Polestar, Chinese-Owned EV Maker, From Selling Cars in the U.S.—Government rule prohibiting Chinese software in cars results in Polestar bowing out of U.S. market @ryanfelton

Another “Tesla Killer” has come and gone in the U.S. Polestar will no longer be able to sell new cars in the United States past the 2027 model year. I didn’t know this, but a majority stakeholder is the Chinese company Geely, which is the reason for the ban. Usually I’d say the more EVs in the U.S. the better, but this company in particular always tried to come after Tesla instead of just making a car they believe in. So I say good riddance and good luck in Europe ✌️

Today's Key Events (All EST) — 09/03/2026 $TSLA Cybercab launch event 05:30: US Challenger Layoffs 08:30: US Initial Jobless Claims 08:30: US Trade Balance 08:30: Fed's Waller 09:45: US S&P Services PMI Final 10:00: US ISM Services PMI 15:00: Fed's Hammack 15:05: Fed's Goolsbee Before Open 👇 05:45: Duluth Holdings $DLTH 06:00: BRP $DOO 06:45: Lands' End $LE 06:50: Genesco $GCO 07:00: Ciena $CIEN 07:00: Victoria's Secret & Co. $VSXY 07:00: Brady $BRC 07:15: The Campbell's $CPB 07:30: John Wiley & Sons $WLY 08:30: The Toro $TTC BMO: Polestar $PSNY After Hours 👇 16:05: Docusign $DOCU 16:05: Zscaler $ZS 16:05: lululemon athletica $LULU 16:05: Ambarella $AMBA 16:05: Asana $ASAN 16:05: Guidewire Software $GWRE 16:05: Smith & Wesson Brands $SWBI 16:05: Concrete Pumping Holdings $BBCP 16:05: American Outdoor Brands $AOUT 16:05: Torrid Holdings $CURV 16:05: Oxford Industries $OXM 16:10: UiPath $PATH 16:10: Samsara $IOT 16:10: Planet Labs PBC $PL 16:15: Quanex Building Products $NX Follow @wallstengine for detailed earnings highlights from many of these companies throughout the day.

Tesla made building a successful EV look easy. It is NOT. Tesla was founded in 2003. It didn’t achieve its first full year of profitability until 2020. That’s nearly two decades of fighting through production hell, raising capital, surviving near-bankruptcy, scaling manufacturing, and solving problems no automaker had solved before. In 2025, Tesla generated roughly $10B in operating income. Meanwhile, Rivian, Lucid, Polestar, and Ford’s EV division all remained $ billions of dollars in the red. Tesla delivered over 1.6 million vehicles in 2025. Rivian delivered about 42,000, Lucid about 16,000, Polestar about 60,000, and Ford’s EV business still lost billions despite much higher overall company scale. You see, building an EV is one thing. Building an EV company that can manufacture at scale, generate billions in operating profit, and stay profitable year after year is something entirely different. To get here, there were years of failures, sleepless nights, engineering breakthroughs, blood, sweat, tears, Elon sleeping on the factory floor, and risks that most companies and CEOs weren’t willing, or able, to take. That’s why, more than 20 years after Tesla was founded, it remains the benchmark everyone else is still chasing. The fact is, the Tesla team has a lot of battle scars that other companies are just now experiencing… building a truly successful EV is a very difficult path.

NEWS: Tesla Korea was selected for South Korea's 2026 EV subsidy program, while Chinese rival BYD was excluded 🔥 The selection means Tesla vehicles sold in South Korea will continue to qualify for both national and local EV purchase subsidies. National subsidies pay up to 6.8 million won, about $4,700 per vehicle. Local subsidies on top can add more. 10 passenger vehicle companies were approved including Tesla Korea, Hyundai Motor, Kia, BMW Korea, Mercedes-Benz Korea, Volkswagen Group Korea, Volvo Cars Korea and Polestar Korea. BYD was excluded from the final list. New BYD subsidy applications submitted from July 1 will no longer qualify for government support. The new evaluation system was introduced this year to assess each automaker's ability to operate in the Korean market and provide adequate after-sales support. It scores companies on industry contribution, R&D capability and local investment. South Korea designed the system in part to favor domestic brands. Tesla was widely expected to be at risk because it has no dedicated EV R&D facility in Korea. Tesla cleared the hurdle anyway. The Korean Ministry of Environment had said foreign automakers need to expand local after-sales networks, collaborate with parts suppliers and increase Korean market contributions to remain eligible. For context, Tesla sold about 60,000 vehicles in South Korea last year. The Model Y is the best-selling EV in the country.