The new Tesla Model 3 Performance rounds out the refreshed lineup.

Right at the beginning of 2024, Tesla put the revamped “Highland” Model 3 on sale. There was one key omission at the time, though: No Performance model. Now the automaker has addressed that issue and rolled out a new Model 3 Performance, complete with all the styling and technological tweaks we’ve seen on the other models. This time around, the top-end version also gets even more power and a shorter 0-60 time, as you’d expect with any major update.

Starting with the power, the 2024 Tesla Model 3 Performance gets a healthy dollop of extra grunt over the outgoing version. Tesla’s new “Performance 4DU” drive motor kicks out more power and torque at the rear, bringing the total peak output up to 510 horsepower. That’s a decent bump on the old car’s 455 horsepower, and is good to launch this new M3P from 0-60 in 2.9 seconds. Tesla says the top speed is 163 mph, which is also ever so slightly higher than the past car. The extra 32% of peak power, 16% peak torque and 22% continuous power delivery makes this model 0.2 seconds quicker to 60, while the dual-motor all-wheel drive setup also sends more of its power to the rear end, at least in most situations.

For example, the company’s third iteration of its Track Mode should take full advantage of the beefier powertrain. The new system gives more finite control over regenerative braking and the car’s traction control system to provide a “more predictable experience that more accurately honors driver requests.” Apart from the software, the 2024 Tesla Model 3 Performance also gets an new multi-section stabilizer bar, stiffer suspension mounts, stiffer springs and even adaptive damping.

Now, there is a price you pay for the extra power on tap. Range is actually down from the past Model 3 Performance, with Tesla claiming this new version can travel up to 296 miles on a charge (to the old car’s 315 miles). The new styling including front and rear fascias, a new splitter at the front and spoiler at the rear, and a new rear diffuser all help the car’s handling prowess and reduces lift by up to 36% compared to the old car, but you’ll have to rely on the brand’s Supercharger network or charge from home a bit more often.

Other tweaks to the Tesla Model 3 Performance

Move past the new styling, 20-inch wheels, Pirelli P Zero 4 Tires and performance brakes with track-focused pads, and you’ll see the new M3P’s interior. Broadly speaking, Tesla incorporates the same stylistic changes and improvements to noise and vibrations as we get with the standard RWD and the dual-motor Long Range models. However, Tesla fits new sport seats to the Performance, including beefier bolsters for better lateral support in the corners. They’re also heated and ventilated, lest you feel like you’ll have to give up some creature comforts, and they house the Ludicrous logo beneath the headrests, which is a nice bit of flair.

Pricing for the 2024 Tesla Model 3 Performance kicks off at $54,630 (including $1,390) as of the company’s announcement April 23. It’s worth taking that figure with a grain of salt unless you plan to order right now, as Tesla is notorious for shifting its pricing scheme in either direction as time goes on.

If you’re already intrigued, you can order one right now through Tesla’s website. Not only that, but the new Model 3 Performance is eligible for the full $7,500 federal tax credit — which is taken at point-of-sale as of 2024, so it’s baked into the final transaction price — so you’ll end up paying $47,130 before options.

While we haven’t had a change to drive the updated Model 3 Performance yet, here’s how the old one fared against one of its electric rivals: