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I drove the new Tesla Model 3, here’s what got better

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The new Tesla Model 3 is now available for test drives at several Tesla Showrooms. It was available just an hour from me, so I decided to drive up and give it a spin.

The first Tesla I ever drove was a Model 3 back in 2019 when I first started writing for Teslarati. Since then, I have had the chance to drive the four models in its lineup. The Cybertruck is not yet available near me, but when it is, I’ll be sure to take that for a spin, too.

My expectations going into the drive were pretty standard. I knew that Tesla had changed a lot about the car, and I really do love the new look of the Model 3; it’s sporty and sleek, and just a better aesthetic than what was previously offered. However, looks only go so far, and what I was really interested in was the true performance and interior changes that the new Model 3 equipped.

It definitely was not what I expected, and I was pleasantly surprised by some features but underwhelmed by others.

First Thoughts and Initial Impressions

When I arrived, I was pleasantly surprised by the look. I really do like the new front end of the car. It looks sporty and tough and clean, but also it just seems more appealing. I think the legacy Model 3 is a good design, but it was just too generic when comparing it to this option.

The new headlight design is sleek and slim and, from the outside, you truly do think you’re getting into something that is super luxurious. I also loved this color in particular. I usually like white cars, but this Stealth Grey was super clean.

Getting In

The new interior is similar to the legacy Model 3 interior, but there are a few noticeable changes. I will say I don’t think I’d ever want to own a car without stalks. I totally understand the removal of things in preparation for Full Self-Driving, but we’re pretty far off from having a fully autonomous vehicle, so I think there should be an option for people to have traditional stalks.

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Without them, and without a lot of other things, the interior of this car just feels empty. I am still a firm believer in having some more physical buttons and knobs because things are easier to adjust and are more accessible that way. In my car, I am able to change the climate, adjust which vents are active, and control other features, like my drive mode, with the touch of a button or the turn of a knob. It takes less than five seconds to do so.

In the Model 3, it takes a few touches on the center screen to adjust everything from the mirrors to the steering wheel. To me, it’s too much of a process to perform these simple tasks, and the lack of things to look at is something I personally do not enjoy. I do understand the appeal, though.

Tesla moved from haptics to physical buttons on this new steering wheel, which was an interesting touch. It only took me about three or four turns, or roughly ten minutes, to realize I needed to stop reaching for stalks. I feel like the buttons are super convenient, but there were times I would push the edges or corners, and the signal would not come on.

You have to push the center of the signal button for it to activate, and it also holds that hand captive on that portion of the wheel.

The high-beam button is also where things get dicey. During my drive, someone was attempting to merge over into my lane in front of me. I flashed my lights at him to get over, which he did. But it was more difficult than just flicking a stalk a couple of times.

I totally realize that these are pretty tedious complaints, but I do believe there are some people who would see this as such an inconvenience that it would stop them from buying a car.

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A lot of things I liked, including the ventilated seats, the wireless charger, the center console, and the cup holder covers are a sleek touch. Everything felt very high-quality. There was not very much creaking or movement from these parts, which can sometimes be cheap and seem like an inferior quality. This was not the case in this car, I was really impressed with everything.

Driving

It is fun to drive an electric car. Every EV I have ever had the opportunity to drive has been more fun than a gas version that is similar. The Model 3 is definitely an improvement from its legacy build, and I was impressed by the suspension feel, the cabin noise reduction, and the overall ride quality in general.

I started on a four-lane highway that featured stoplights to test how it felt in traffic. It was as you’d expect. Where I really wanted to test it was on backroads in Pennsylvania, which there are plenty of. This is where the most fun driving is done, at least in my opinion.

I took it on some windy and tight backroads and it hugged the corners super well. The suspension kept the car feeling sporty and capable during some of the curves. I tried to push the car as much as I could responsibly, and it passed with flying colors. I will say there are only a handful of vehicles that have given be this amount of confidence when taking turns with some speed, one of them being the Ford Mustang Mach-E.

Even the updated Model 3 outperformed the Mustang Mach-E, which was one of the most fun driving experiences I have had in recent memory.

I had a Rear-Wheel-Drive version of this car, and it was missing that truly face-melting instant torque that I have had in other cars, especially the Long Range All-Wheel-Drive and Performance configurations that I’ve driven in the past.

For me, I don’t drive super fast. I was in a couple of car accidents in high school as a passenger, and they taught me to be more responsible on the road. I know when I have to drive with some aggressiveness and with some speed, and it is not often. However, this configuration was just not enough pep for me. If I were to make an order, I’d be going a step up.

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Other Thoughts

A couple of things worth mentioning are the rear legroom, the rear touchscreen, trunk and frunk space, and the road noise.

Rear Legroom

I am 5′ 8″, and I did not move the driver’s throne when I decided to hop in the backseat to see how much room there was.

There wasn’t much, and I don’t know if I could see myself being strong enough or patient enough to make it more than a few hours with such little space to move.

For a sedan, it’s pretty understandable to have limited space. You will be stuck in this generic position for most of the ride, but the back is definitely more suitable for children.

Rear Touchscreen

I think the rear touchscreen is a nice addition. A lot of cars have one now, and it is a good thing to have. It is packed with features to keep your rear occupants busy, but I feel that it is more of a novelty move than anything. It’s a decent size, can play some of the games in the Tesla Arcade, and streaming is available.

Trunk and Frunk

The frunk and power trunk are both spacious and provide room for a lot of things. I couldn’t get a good gauge on how much luggage you could fit in the trunk, but the frunk space would be nice for those daily trips to the grocery store to pick up odds and ends.

My biggest concern would be fitting a few golf bags in the trunk, and it seems like two or three would be the limit there.

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Cabin Noise

Last week, I had to drive to Penn State to cover a wrestling match, and I went by myself. Spending 10-12 hours in front of a computer screen daily, constantly having to listen to things, living with a dog, and barely ever having peace and quiet prompted me to turn the stereo off and take the two-hour trip in silence. It was great.

One thing I truly love about this new Model 3 is the cabin noise. It was so quiet in the car and so peaceful, that it was undoubtedly my favorite part of the test drive. I never turned the music on once, I just chose to drive in the quiet, and I really liked how peaceful it was inside the cabin because road noise has been a huge complaint of some drivers in the past. I didn’t have that issue at all.

Closing Thoughts

Tesla did a good job of improving some of the parts of the Model 3 with this update. The sleek and sporty exterior look is great, the amount of noise in the cabin was excellent, and the suspension and ride comfort were top notch.

Were there things I wish were different? Yes. Absolutely. I wish stalks were still a thing, I wish changing climate control settings and other things that are commonly adjusted throughout the course of a drive were more easily accessible.

Do I think this is a mini Model S? It’s tough to say. Personally, the interior of this car makes me feel like I’m not getting much for the price. I didn’t feel blown away by the inside of the car from an aesthetic perspective. It just felt too minimalistic, and I’ve liked driving other Teslas more than this.

“Would I trade in my current car for this one?” is the question I ask myself when I have the opportunity to drive other vehicles. I did not get that impression from the Model 3. In fact, the Model X and Model Y are the only two cars I’d even remotely consider at this point from Tesla, but there are a few reasons for that.

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  1. I prefer an SUV or something with more interior space than I truly need,
  2. I drive my car on the beach every year; I wouldn’t sacrifice that privilege for a sedan that doesn’t blow me away in every aspect,
  3. The minimalism truly is a major turn off for me. I liked the stalks, the display behind the steering wheel in the Model X and S, and more things to look at

Did Tesla improve this car? Yes. Was it the best EV I’ve ever driven? No. But it’s also the entry-level Tesla, and if you want more, you have to pay more, or settle for another car. It is unrealistic to expect this vehicle to check off all the boxes at this price. Is it a good car for a first-time/young driver? Absolutely. It is something I’d consider if I drove an hour to Baltimore or 45 minutes to Harrisburg for work. As someone who works from home and spends a limited amount of time behind the wheel, it would not be my first choice. But, it’s still a great car.

What did you think of my Model 3 review? Were there things I missed? Things you’d like to hear about further? Shoot me an email at joey@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Investor's Corner

Tesla reports Q3 Earnings today: here’s what to expect

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Credit: TechOperator | X

Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.

Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.

Tesla showrooms picked clean ahead of Q3 end as demand looks strong

For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:

  • Total Revenues: $28.34B
  • Non-GAAP EPS: $0.43
  • Operating Margin: 2.5%
  • Operating Income: $721M
  • Free Cash Flow: ~-$4.51B

Here are a few things we are looking forward to hearing about on the call:

Automotive Gross Margin and Overall Profitability

This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.

Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.

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Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress

The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.

Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.

Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for

Say Investor Questions

  1. How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
  2. When can we anticipate FSD unsupervised in customer cars?
  3. When will the CyberCab be available for customer purchase/ownership?
  4. What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
  5. Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?

The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.

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SpaceX confirms Starship 15 launch window with massive ambitions

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Credit: SpaceX

SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.

CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.

SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms

The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:

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This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”

Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.

The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.

The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.

As of now, the Starship program is firing on all cylinders.

Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.

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Investor's Corner

SpaceX stock gets a slew of price target boosts after bullish earnings call

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Wall Street analysts rapidly raised price targets on SpaceX (NASDAQ: SPCX) after the company reported a bullish third quarter for 2026 following the market close on October 20. Shares were sent sharply higher in after-hours and premarket trading.

SpaceX posted revenue of $14.6 billion, a 161 percent year-over-year increase that comfortably topped consensus estimates, which fell near $12.7 billion. The company also posted a net profit of $4.4 billion from a prior-year loss, with adjusted EBITDA reaching $8.8 billion.

Its Super Intelligence (AI) division generated roughly $7.6 billion and became the largest revenue contributor, growing nearly 830 percent year-over-year, while the Connectivity segment delivered $5.2 billion on strong subscriber additions that lifted the consumer base to 13.6 million for Starlink.

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The Earnings Call proved especially catalytic, as CEO Elon Musk and CFO Bret Johnsen outlined Q1 2027 revenue guidance of $33 billion to $37 billion, which was far above the roughly $22 billion analysts had modeled, alongside fourth-quarter capital-expenditure plans of $35 billion to $40 billion focused on AI compute infrastructure at sites including Memphis and Southaven.

SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms

Management targets 2.5 to 3 gigawatts of nameplate compute capacity by year-end and discussed pathways to 13 gigawatts or more by the end of 2027. Musk described relentless demand from hyperscalers and other customers, with compute pricing supporting payback periods of less than a year and potentially as short as six months.

Additional highlights included Starship’s recent orbital success and V3 satellite deployment, Starlink pricing and enterprise momentum, rapid Grok Bot adoption, spectrum expansion plans, and the formation of special committees to explore a possible combination with Tesla.

These elements prompted a wave of price-target increases:

  • JPMorgan more than doubled its target to $500 from $240 while maintaining an Overweight rating.
  • Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
  • Barclays raised its target to $300 from $254 (Overweight).
  • Citi increased its target to $240 from $200 (Buy),
  • UBS moved to $230 from $210 (Buy), and
  • TD Cowen raised its target to $224 from $200 (Buy).
  • Morgan Stanley held an Overweight rating with a $300 target.
  • Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.

Shares, which closed at $147.79 on October 20, jumped roughly 8 percent in early premarket trading on October 21 as investors digested the results and the newly elevated Street targets.

The average analyst price target has moved higher, which reflects greater conviction in SpaceX’s trajectory across launch, connectivity, and the Super Intelligence business, even as elevated spending remains a point of focus.

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