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Tesla launches new Model 3 Performance variant to rev up demand

Tesla has officially revealed a new Performance variant of the recently refreshed Model 3 sedan, as the company looks to combat falling demand.

The new version of the Model 3, which starts at $52,990, has a new active damping system and adaptive suspension for better handling and comfort, 296 miles of battery range and can go from 0 to 60 miles per hour in 2.9 seconds with 510 horsepower at the wheel. offer.

Compared to the previous Model 3 Performance, the new version offers 32% more peak power, 16% more peak torque and 5% less drag. It does all this while using less energy than its predecessor, according to Tesla. This is partly due to a new generation drive unit, as well as a diffuser and rear spoiler. The front and rear ends of the car also received a slight facelift, separating it from other versions of the newly tweaked Model 3 revealed last year.

The Model 3 Performance still features the global changes made with this recent refresh. That means there’s an ambient light bar surrounding the cabin interior, better soundproofing and upgraded materials throughout, a joystick-less steering wheel, and a new touchscreen.

Tesla is launching the new Model 3 Performance at a time when the company is coming off one of its worst delivery quarters in recent memory, having fallen 20% from the fourth quarter of 2023. The impact of this first quarter disappointing should be felt. will be revealed on Tuesday when the company reports its financial results after the market close.

Tesla is also just a week away from announcing mass layoffs of more than 10% of its global workforce, with the reductions seemingly affecting every corner of the company.

Orders placed Tuesday, at least as of press time, show an estimated delivery window of May/June 2024 in North America.

techcrunch

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