Should Tesla Be Worried About Volvo’s Polestar 2 As Model 3 “Production Bottleneck” Continues?

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015

Tesla could be getting some serious competition from Volvo and its first fully electric vehicle, The Polestar 2. Elon Musks premium electric car company may have been an early disruptor in the EV industry but now, as WIRED reports, the traditional car manufacturers are getting savvier about how they produce and market their battery-powered cars. One of the companies who seems particularly invested in expanding their electric fleet is Volvo.

According to WIRED, Volvo is hoping that The Polestar 2 will provide direct competition to the Tesla Model 3. The Polestar goes into production in 2019 and is expected to be a “mid-sized model. They also plan to release a Polestar 3 electric SUV as well.

As CNET notes, on the surface, it may seem presumptuous on Volvo’s part to expect to compete with a Tesla model that’s already in production and has a waiting list. But, it’s becoming more and more apparent that Tesla Motors is going through major logistical issues with the Model 3 manufacture.

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