Report: Tesla Readying New Model 3 Performance

Tesla released a new Model 3 for 2024, but keen eyes immediately noticed that the automaker had only refreshed two of the car’s three previous configurations. The standard range rear-drive model remained, along with the Model 3 Long Range, but the Performance was nowhere to be found. That could be changing, though, in typical Tesla fashion, there are no official confirmations.

InsideEVs reported that X/Twitter users have been sharing screenshots of leaked documents from South Korea that appear to show a new Model 3 variant with a possible 412-horsepower rear motor. That, combined with the car’s existing front motor, would add up to a potential 618 horsepower, more than a 100-pony boost over the outgoing car. That said, gearing and specific outputs could change before the car lands on our shores.

The documents also show that the new Model 3 Performance could sport a different name, possibly Mode 3 Ludicrous, which would set it apart from the Model S and Model X Plaid performance models. Whatever the configuration, we could get details as soon as this afternoon, as Chief Designer Franz von Holzhausen will join a live stream on the car at 5 pm, which will clash with Rivian’s R2 reveal.

As these things typically go with Tesla, the automaker will likely sell all the Model 3 Performance units it can build. At the same time, the new car lost tax credit eligibility and its place as a compelling, affordable EV as a result. While it’s still less expensive than many competitors, the new Performance almost certainly won’t be cheap. That said, the car is still less expensive than some competitors, including vehicles from BMW, Mercedes-Benz, and Audi.

[Image: Tesla]

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