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2021 Polestar 2 US pricing confirmed: Tesla rival arrives this summer

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Polestar has announced US pricing for the 2021 Polestar 2, its first all-electric car, and it’s good news compared to what the EV-maker had originally suggested. Second in the Volvo/Geely collaboration’s new range, Polestar 2 will take on the Tesla Model 3 with a starting price of $59,900 in the US.

That’s around $3,000 less than the automaker initially indicated, back when it announced the Polestar 2 in 2019. It’s an important change, too, since it brings the electric fastback under the level where some US states permit EV rebates.

Combined with the $7,500 federal tax credit – which Polestar, unlike Tesla and GM, is yet to exhaust with electrified car sales – that could add another $2,000 state rebate, location depending. In total, it would bring the Polestar 2 down to $50,400 in launch edition form, what with tax incentives and rebates.

Your money gets you 408 horsepower and 487 lb-ft of torque as standard, along with all-wheel drive. The 78 kWh battery is yet to be rated by the US EPA, but Polestar has previously said that it expects it to be good for around 275 miles on that cycle. 0-62 mph should arrive in under five seconds.

Polestar has also confirmed the price of its various options for the car. Probably of most interest is the Polestar 2 Performance Package, which will add things like Öhlins dampers and Brembo brakes, along with special 20-inch forged wheels. There’ll also be gold brake calipers, valve caps, and seat belts.

That will be a $5,000 option, Polestar said today. If you want the car’s Nappa Leather interior, that will be $4,000. 20-inch alloy wheels on their own will be $1,200, while metallic paint will be $1,200.

While the idea of a direct Model 3 competitor is intriguing enough, the Polestar 2 will also debut a number of brand new features to the automotive space. Most interesting is the Android Automotive powered dashboard, which uses a new version of Google software intended for cars. That will include voice control via the Google Assistant, Google Maps for navigation with special EV-focused points of interest, and the Google Play Store for third-party apps.

Polestar kicked off production of the car back in late March, at its facility in China. Reservation holders can start to place their order online, with the first deliveries expected to take place from summer 2020. Meanwhile this summer, the company says it should have physical showrooms open in the US, where would-be buyers can take a look and a test drive before they order online. Leasing and finance options will follow in due course, Polestar promises.

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Tesla Set To Deliver The First Semi To Pepsi

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In October, Tesla’s CEO revealed that the production of the Tesla Semi had begun, and it was bound to be delivered today. Tesla has already started the countdown, and we expect the unveiling event to go down at the Nevada factory. The electric truck will be dispatched to Pepsi, which had ordered 100 units. Investor reports that Tesla’s stock price increased by 7.7% on Wednesday, probably in anticipation of Tesla’s Semi first delivery.

Musk tweeted on Saturday that the “Tesla team just completed a 500-mile drive with a Tesla Semi weighing in at 81,000 lbs!” However, considering that Musk said that the company is dealing with supply chain issues and market inflation, it’s unclear if Tesla will stick to the original $180,000 price it intended to sell at when it was announced in 2017. Then again, Tesla offers a cheaper Semi that will be available for about $150,000 — but it can only achieve up to 300 miles at full load capacity. For now, we can only wait until it’s on the road to confirm if the specs match up to what was promised five years ago.  

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Coinbase Joins Elon Musk In Slamming The Apple App Store Tax

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Coinbase complained that Apple’s insistence on its cut unreasonably interfered with its business.

Coinbase’s argument was largely the same as Elon Musk’s, and the basis of Epic Games’ aforementioned lawsuit. According to all of the above, Apple was half of a duopoly: with Google, it controlled the global app marketplace. The “duopoly” part of the argument is pretty much incontrovertible: As of October 2022, both Apple and Google control 99.43% of the global smartphone market between them (via StatCounter). Both get a 30% cut of everyone’s action on its marketplace. From the perspective of Coinbase, that took too much money out of too many elements of its business.

Epic sued over that and, as noted above, won with an asterisk. Apple had restricted in-app purchases, and courts found that anticompetitive, but did require that Apple get a 30% cut of the profits, even though they took place in someone else’s app. In short, according to the Verge, the court said that if you’ve found a way to make money using iOS, you owe Apple 30%, period.

Epic thought in-app purchases should be exempted from the tax. Coinbase thinks elements of the NFT development process — in this case, gas prices to run the processing equipment necessary to mint NFTs — should be exempt from Apple’s app tax. Apple treats all user expenses on an app as in-app purchases and, per the Epic court decision, in-app purchases mean Apple gets a cut.

It’s not a simple problem, and it’s not likely to be solved anytime soon. Stakeholders and regulators have barely begun to integrate cryptocurrency and NFTs into the conventional marketplace. Who gets paid for what is likely to be a conversation for years on end. For now, all that’s certain is that conversation has begun.

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LastPass Security Breach Exposed Some Customer Data, But Details Are Still Slim

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LastPass’ new blogpost continues to be vague about the nature of the latest security incident that has affected the platform. What it does reveal, however, is that the company recently detected yet another incident of “unusual activity” within a third-party cloud storage service connected to LastPass. LastPass stopped short of revealing details surrounding the affected third-party cloud service. However, TechCrunch has hinted at the possibility of the cloud service being AWS. For those unaware, starting in 2020, LastPass began using AWS (Amazon Web Services) to store more than a billion customer records on Amazon’s cloud.

LastPass goes on to add that the security incident prompted an immediate internal investigation, following which they ascertained that the threat actor was able to access “certain elements” of LastPass’ customer information. Interestingly, LastPass has also confirmed that the unauthorized party used data from the August 2022 incident to gain access to LastPass’ systems.

While LastPass hasn’t revealed the exact nature of customer information that has been breached, they maintain that customers’ passwords have not been affected. LastPass also said it had engaged the services of Mandiant — a leading security firm — to help them with the investigation. The company has also notified law enforcement agencies about the same. The company has promised to share more updates surrounding the latest incident after they conclude an internal investigation.

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