REVIEW

2024 Tesla Model 3 Performance: What You Need To Know

Starting at $53,990

5 min read

By EV.com • April 28, 2024

Article main image
  • New Features: Adaptive suspension, sport seats, Track Mode V3
  • Powertrain: Model 3 Performance All-Wheel-Drive (AWD) with 510 hp and 0 to 60 mph in approximately 2.9 seconds.
  • Charging Options: 75 kWh battery (Up to 142 miles in 15 minutes with Level Three DC charger)
  • Price: Model 3 Performance $53,990 (not including $1,390 destination charge)

The 2024 Tesla Model 3 Performance has recently launched into the electric vehicle (EV) market, making headlines for its impressive performance and features. With many upgrades and new design features to see, the Model 3 Performance is turning heads as it elevates the EV industry even further through its electric prowess.

Powerful Performance and Range

The 2024 Tesla Model 3 Performance screams power with its roaring 510 horsepower. In addition, its acceleration from 0 to 6 mph in 2.9 seconds makes it completely quick with no doubt in mind. Also, the range of the Model 3 Performance boasts an estimated range of 296 miles. If you are looking for an exhilarating driving experience, the Model 3 Performance is the perfect EV for you.

Moreover, the Model 3 Performance compared to its basic trim, has been further updated from its horsepower to its acceleration. As the basic Model 3 in rear-wheel-drive (RWD) comes with 241 horsepower and 0 to 60 mph in around 5.8 seconds while the Long Range (Dual Motor) all-wheel-drive (AWD) trim comes in 346 horsepower and 0 to 60 mph in 4.2 seconds, the Model 3 Performance beats them all evidently by more than 1 second and over 200 horsepower to each Model 3 trim.

Standout Features

There are a few stand out features that makes the Tesla Model 3 Performance special, one being the new adaptive suspension that delivers improved control over your driving experience in terms of comfort and better handling. Notably, the adaptive suspension is controlled over the company’s in-house software that assures your real-time adjustments when driving to be optimal.

Another standout feature to take notice is the Track Mode V3 that provides several benefits under one system. These include the integration of the motor and suspension controls, powertrain cooling, and the company’s Vehicle Dynamics Controllers (VDC) in check. Through all these benefits, the results of your driving experience in the Model 3 Performance will be in stable control under the one system.

Interior and Exterior Updates

In terms of the interior of the Tesla model 3 Performance, there are new sport seats that provide a better comfort when you are having an exhilarating driving experience down the road. With improved bolstering and seating position, the construction of the sport seats in the Model 3 Performance will give you more lateral support that makes the actions of cornering and dynamic driving easier to perform. Other features in the Model 3 Performance comes standard that also applies on its other trims like end-to-end NVH treatment for better noise isolation, a 360-degree Acoustic Glass, and many others.

As for the exterior updates, there are not much new changes in terms of design as it comes in a similar look to its other trims. However, there are some notable new features that provide better performance, like the new forged performance wheels, a redesigned front and rear fascia with sleek carbon fiber accents. As a result, Tesla states that the new performance added designs to the exterior will give you more aerodynamic with less lift as well as more lift balance improvement driving experience.

Pricing, Financing, and Lease Information

The Test Model 3 Performance starts at the price of $53,990 with options of lease and finance. In terms of the leasing option, you can lease the Model 3 Performance for 36 months with a down payment of $2,999. This includes a 10,000 annual miles with the first month’s payment of $566 and an acquisition fee of $695. The rest of the monthly payment comes the same amount to the first month’s payment of $566 with probable savings being considered, the lease payment can be cut to $483 a month. For 24 months, probable savings for the lease are $505 a month.

For the financing option, the Model 3 Performance comes with a down payment of $4,500 and offers a 6,39% rate for up to 72 months that applies on other trims as well. The company also offers a 84-month financing option with a higher rate of 7.4% if you are opting for a longer repayment period. If you are budget conscious, the 84-month financing comes with a perk that only requires you to pay an estimated $780 per month. With many financing options available, the Model 3 Performance is worth considering while making ti accessible to all.

Warranty Information

For the warranty information for the Tesla Model 3 Performance, the coverage includes Tesla’s Basic Vehicle Limited Warranty that spans 4 years or 50,000 miles. Moreover, the company also provides a Supplemental Restraint System Limited Warranty that extends protection for 5 years or 60,000 miles. Other warranty information also includes the Battery and Drive Unit Limited Warranty for 8 years or 120,000 miles, ensuring a minimum 70% retention of battery capacity over the warranty period. Notably, Tesla also provides a Body Rust Limited Warranty that covers 12 years with unlimited miles against rust perforation due to material or workmanship defects.

Tax Credit Eligibility

Importantly, the Tesla Model 3 Performance qualifies for the Clean Vehicle Tax Credit of $7,500. After the deduction from the amount of the tax credit, the Model 3 Performance is now $46,490. With the Model 3 Performance being eligible for the tax credit, your worries of paying full price is gone. The $7,500 tax credit will also apply to financing and lease options as well.

EV.com’s Take

Whether you are looking for a comfortable ride or an EV that can take you to new heights of an exhilarating driving experience, the Tesla Model 3 Performance is here to provide all that with many new upgrades and incentives right in front of you. High-performance EVs like the Model 3 Performance truly makes the driving experience travel to new standards as this particular EV model from Tesla does not hold back to its performance specs. With that in mind, the Model 3 Performance truly is a stand out in the EV market with your best interest in mind.

If you are looking for the 2024 Tesla Model 3, we can help you get started. Click Here to find the best deals near you. Want to learn more about EV? Thinking of buying an EV? Head over to EV.com and discover more.


About EV.com

EV.com is the world’s 1st Electric Vehicle (EV) marketplace that aims to promote zero-emission mobility by providing a platform for consumers to learn about, compare, and purchase EVs.

Subscribe for more fresh news and latest event