Tesla Model 3 Performance, Aiming for Ridiculousness on a Budget

Tesla unveiled an updated Model 3 Performance on Tuesday, joining the rest of the refreshed Model 3 lineup, code-named Highland.

The dual-motor all-wheel drive Model 3 Performance boasts 510 hp and 546 lb-ft of torque and, according to Tesla, can accelerate from 0-60 mph in 2.9 seconds and reach a top speed of 163 mph. The range is estimated at 296 miles, compared to 341 miles for the current Model 3 lineup's range champion, the Long Range All-Wheel Drive.

According to Tesla, the fourth-generation drive unit delivers 22% more continuous power, 32% more peak power, and 16% more peak torque for more consistent performance. Energy consumption is said to be lower than the previous Model 3's performance.

The updated Model 3 Performance will also feature adaptive damping and 20-inch forged staggered wheels with Pirelli P Zero 4 tires. Tesla says it has improved the track mode by integrating suspension control, powertrain cooling control, and vehicle dynamics controller into a single unified system.

The Model 3 Performance has similar styling to other refreshed Model 3 variants. Tesla claims a 5% reduction in aerodynamic drag, a 36% reduction in lift, and a 55% improvement in front-rear lift balance compared to the previous Model 3 Performance. In the interior, the Performance model gets new sport seats, while changes from the rest of the lineup include a larger horizontal touchscreen and the elimination of the control stalk.

Prices start at $52,990 before destination, making the Performance the most expensive Model 3. Long range all-wheel drive starts at $47,740 and base rear-wheel drive starts at $38,990. The Model 3 Performance is available to order now, and the Tesla Model Y crossover is expected to receive a similar update soon.