The wraps are off the 2024 Tesla Model 3 Performance, and it's looking to redefine electric performance. But how does it stack up against its 2023 predecessor?

Powertrain and Performance:

This is where the 2024 Model 3 Performance truly shines. Tesla has unleashed a significant power upgrade with the next-generation Performance 4th Generation Drive Unit (4DU). Here's a breakdown of the key differences:

Horsepower: The 2024 boasts a whopping 510 horsepower, a substantial jump from the 2023's 455 horsepower. That's a 22% increase in continuous power and a staggering 32% surge in peak power.
Torque: The 2024 also delivers 16% more peak torque, translating to a thrilling surge of acceleration.
Efficiency: Impressively, despite the power surge, Tesla claims the new 4DU achieves lower overall energy consumption.

Handling and Dynamics:

The 2024 Model 3 Performance isn't just about raw power. Several key upgrades enhance handling and control:

Adaptive Damping System: This new system electronically adjusts to road conditions and driver inputs, optimizing ride comfort and handling.
Stiffer Suspension: The 2024 benefits from a stiffer suspension setup with multi-section stabilizer bars and high-strength steel springs. This minimizes body roll during aggressive maneuvers.
Track Mode V3: This upgraded system integrates various vehicle systems for a more predictable and consistent track experience, allowing drivers to push the car's limits with confidence.

Exterior and Design:

While the focus remains on performance, the 2024 Model 3 Performance boasts subtle exterior enhancements:

Aerodynamic Tweaks: The new design reduces drag by 5% and improves lift balance by 55%, enhancing efficiency and stability at high speeds.

Interior and Comfort:

The minimalist interior design philosophy continues in the 2024, but with a performance-oriented touch:

Sports Seats: New sports seats offer increased lateral support, crucial for those pushing the car hard through corners.

Technology and Features:

Both models share Tesla's industry-leading Autopilot suite with features like Automatic Emergency Braking, Lane Departure Warning, and Adaptive Cruise Control. The infotainment system remains centered on the large 15-inch touchscreen. All new Tesla vehicles come with a 30-day free trial of Supervised FSD which can be purchased for an additional $8,000 or you can subscribe for $99 per month.

Range:

The 2024 version offers a range of 296 miles, as compared to the 2023 model that offered 315 miles of range. The main reason for the range reduction has to do with a recent rule change with EPA range testing. The new 2024 Performance Model 3 should actually be more efficient than the 2023 version.

Key Differentiators:

Here's a quick table summarizing a few key differences:

Beyond the Specs:

Price: The starting price before you add any taxes, fees or upgrades for the 2024 model is just $52,990 which is comparable in price to the 2023 Model despite the new upgrades. This makes the new Performance Model 3 quite a good deal!
Availability: Delivery timelines for the 2024 are currently listed for May – Jun 2024, so you shouldn’t have to wait a long time to get one if you place an order now.
Federal Tax Credit: As of April 2024, the $7,500 federal tax credit for the Performance Model 3 vehicle is in effect, but it's subject to change. Do your research to understand the latest regulations.

The Verdict: Evolution or Revolution?

The 2024 Tesla Model 3 Performance is a significant evolution of its predecessor. It delivers a more powerful, sharper-handling driving experience while retaining the core strengths of the Model 3 lineup. One thing's for sure, with the 2024 Model 3 Performance, Tesla has thrown down the gauntlet, pushing the boundaries of electric performance and challenging rivals to keep pace. The future of electric performance sedans is looking thrillingly fast.

2024 vs 2023 Tesla Model 3 Performance: What Changed?