The $78k Tesla Model 3 Performance Will Do 0-60mph In 3.5s

Be afraid, BMW M3, be very afraid: there’s a Performance version of the Tesla Model 3 coming, and it’s going to be rather brisk.

In a series of Tweets on Sunday, Tesla CEO Elon Musk confirmed the incoming Model 3 derivative and mentioned a few tantalising statistics. Ready? We’re looking at 0-60mph in 3.5 seconds, a top speed of 155mph and a range of 310 miles.

It’ll cost $78,000, which Musk claims is “about the same” as BMW’s M3. The starting MSRP of the M3 in the USA is actually $66,500, but we’re guessing Musk is comparing spec-for-spec - the Performance Model 3 will have all options included. It’ll “beat anything in its class on track,” he says.

The car will have a dual-motor powertrain, but if you want such a setup without M3/Mercedes-AMG C63-bothering performance, there will also be a $5000 dual-motor option for the regular Model 3. That car also has a 310 mile range, will complete the 0-60mph sprint in a more modest (but still impressive) 4.5 seconds, and top out at 140mph.

Our inner cynic can’t help but question the timing of the announcement, coming just days after another high-profile accident resulting from Autopilot misuse and a few weeks after Tesla reported huge Q1 losses. Like last week’s Model X pulling a Boeing 787 stunt, it’s a handy distraction. But, there’s no denying that this faster Model 3 has the potential to be an intriguing left-field alternative to the usual German compact super saloon options.

Just think of the YouTube drag race potential…