Electrolytes with sparingly polysulfide solubility such as 1.5 M LiTFSI in tetramethylene sulfone (TMS) and 1,1,2,2‐tetrafluoroethyl‐2,2,3,3‐tetrafluoropropyl ether (TTE) are beneficial for the cycle stability of Li−S pouch cells. In this work, this specific electrolyte system and the role of dissolved polysulfides (PS) in symmetrical Li/Li cells is investigated. By studying varying TMS/TTE volume ratios and polysulfide addition aided by both ex situ and operando spectroscopic as well as microscopic techniques, the positive impact of PS on the lithium plating/stripping behavior is evaluated. The composition of the solid‐electrolyte interphase (SEI) as well as the microscopic morphology differs for electrolytes with PS from those without PS addition. These findings are crucial for the development of electrolytes for cycle‐stable Li−S prototype cells.