It’s official! Tesla launched the Model 3 refresh and has updated its online configurator in the process. The company announced a boost for all its Model 3 variants, from both performance and cosmetic standpoints.
Performance
The Standard Range Plus variant now boasts a 263-mile range (423 kilometers), up from 250 miles. The Performance variant now possesses a 315-mile range (506 kilometers), up from 299 miles. Long Range Dual Motors also obtained a 30-mile range increase to 353 miles (668 kilometers).
An “efficiency Package” has been reportedly introduced by Tesla, which will lead to an increase in range per single charge.
The Performance variant can now go from 0-60 mph in 3.1 seconds, one tenth of a second faster than the previous version.
The Long Range is now capable of going from 0 to 60 mph (0 to 100 km/h) in 4.2 seconds. This represents a quantum leap from the 4.4 seconds registered by the older Model 3 LR.
Cosmetics
The company brought back the auto-dimming mirrors. The wheel lineup has also been completely updated with new 18 and 19-inch designs. Tesla introduced new 2-inch Überturbine wheels. The interior of all the variants also underwent one significant change: A new metallic finish steering wheel has been introduced!
Tesla’s Model 3 Refresh: Why Now?
The Model 3 refresh has long been on the cards for Tesla. The company’s reasoning is simple: it wants to stay ahead of the competition.
Tesla was already getting more range out of its existing 75 kWh battery Model 3 than any rival EVs. For example, Volkswagen’s ID.4 will have an estimated 250 mile-range using a 82 kWh battery once deliveries begin sometime this month.
During the Battery Day event, Tesla introduced its new 4680 battery cell. It is expected to increase energy density by five times, range by 16%, and improve power output by six times.
Tesla is currently at the height of its automaking powers. The company is the largest automaker in the world by market capitalization, currently valued at $416.2 billion. The company’s stock price has skyrocketed to more than 400% through 2020, and shares are trading at $454.19 per.
Tesla intends to remain ahead of the curve in the EV market, and is well positioned to do so.
