According to reports from China, Tesla is set to release the new Tesla Model 3 Performance in the second quarter, which begins in two months. With the Chinese launch on the horizon, there's growing speculation that the Model 3 Performance could soon be headed to the U.S. and other markets.
The high-performance variant of the Model 3 is expected to carry a price tag of approximately 400,000 yuan, or around $55,730 USD. Reports from Dongchedi state that the vehicle will soon enter mass production at the Shanghai and Fremont factories.
Adding to the anticipation, the new seats have been spotted, and a mysterious covered Model 3 has been spotted undergoing tests in California. These sightings suggest that Tesla is preparing for a U.S. launch, fine-tuning the vehicle to meet the expectations of American drivers. However, the vehicle was a right-hand drive car, which suggested it was being set up for the UK.
Martin Viecha's Enthusiastic Endorsement
In a recent interaction on X, Tesla's Senior Director of Investor Relations, Martin Viecha, had a fanboy moment when he congratulated automotive enthusiast and television presenter James May. In his post, Viecha mentioned watching May's show throughout his childhood and expressed hope that May would enjoy the car, specifically recommending the Model 3 Performance upon its release. Would he really tease his hero if the car wasn’t close to production?
Congrats @MrJamesMay! Watched your show all my childhood. Hope you like the car. You should get the Performance one, once that comes out 🙂 https://t.co/H8tZKt4iHk
— Martin Viecha (@MartinViecha) January 26, 2024
Tesla has yet to release full power specifications for the new Model 3 Performance, but expectations are high based on its predecessor. The previous model featured dual motors, a combined power output of 357 kilowatts, and a 659 N·m torque. It also achieved a rapid 0-60 mph acceleration in just 3.3 seconds and boasted a cruising range of about 420 miles. The latest model is expected to maintain or even surpass these performance metrics, possibly incorporating a three-motor power system for improved handling and range.
The Tesla Model 3 Performance would make a great addition to James May’s collection. Just when it will ship is still speculation. If the reports are true, then the new Performance Model 3 could be on roadways worldwide by summer.

