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The first-generation Tesla Model 3 Performance offered snappy, thrust-happy launches without breaking the bank. Now, the new range-topping Model 3 seems to be following suit. In fact, the brand claims the Performance trim will hit 60 mph in under 3.0 seconds; that would make the new EV one of the fastest cars on the market at its price point.

Tesla claims the new $53,990 Model 3 Performance will sprint to 60 mph in just 2.9 seconds

The new Tesla Model 3 Performance has some sizable shoes to fill. Elon Musk’s baby Tesla continues to serve as the electric vehicle marque’s most affordable model, barring the release of a sub-$30,000 entry-level model. Moreover, the Model 3 Performance managed to hit 60 mph in just 3.1 seconds, a figure few cars could match at the price point. 

Well, the brand claims the new 2024 model is even quicker. The California brand says the new Model 3 Performance will hit 60 mph in 2.9 seconds. Rarified air indeed. The extra speed is courtesy of a bump in power and the model’s dual-motor all-wheel drive (AWD) grip. 

TrimStarting price
Standard Range RWD$38,990
Long Range$47,740
Performance$53,990
A white 2024 Tesla Model 3 charging at a station.
The 2024 Tesla Model 3 charging | Tesla

That would put the 2024 Tesla Model 3 Performance ahead of the new, lightning-fast 2025 Hyundai IONIQ 5 N and its 3.0-second sprint to 60 mph. Moreover, the 641-horsepower Hyundai EV starts at around $67,475, the better part of $13,500 north of the baby Tesla’s starting price point.

The trend continues with gas-powered performance rivals. For instance, the Z51-equipped Chevrolet Corvette Stingray will hit 60 mph in 2.8 seconds on its way to an 11.2-second quarter mile. However, the 6.2L V8-powered Corvette will demand over $70,000 from its buyers. And that’s before the inevitable dealer markups. Consequently, the new Model 3 range-topper will likely be one of the fastest-accelerating cars at its price point.

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Staff Writer

Erik Sherman

Erik Sherman joined the MotorBiscuit team as an Autos Writer in 2022. An admitted petrolhead and an avid motorcyclist, Erik has owned everything from classic cars to motorcycles to modern driver’s cars. Erik also has extensive experience with military and emergency vehicles, ranging from ambulances and fire engines to MRAPs and M-ATVs. Erik is an eager car and motorcycle reviewer with experience covering everything from sports cars to pontoon boats and jet skis.

Erik holds a Bachelor’s Degree in International Relations (IRG) from the University of Texas at Austin and has studied Chinese, Energy, and European Politics at the University of Glasgow in Scotland. Erik’s background is unorthodox; he is a United States Marine Corps (USMC) combat veteran, water survival practitioner, and a former firefighter/EMT. Additionally, Erik is a regular volunteer and former instructor with the American Red Cross (ARC).