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First close look at Tesla Model 3 Performance with white interior on delivery lot

[Credit: Mark Benton/YouTube]

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As Tesla begins the rollout of the Model 3 Performance as designated test drive units to some of its showrooms, sightings of the dual motor, high-performance variant of the electric car have started emerging. 

Over the past weekend, reports from members of the Tesla community indicated that the Model 3 Performance had been delivered to some of Tesla’s locations, most notably the Buena Park, CA center. Twitter user Larry Lach, for one, noted in his sighting that there were at least five units of the Model 3 Performance in the Buena Park facility. Other reports, particularly that of r/TeslaMotors subreddit member u/TheHalfChubPrince, shared additional details of the vehicle, such as its economy rating of 116 MPGe. Images shared online further showcased the vehicle’s Premium white interior and its aluminum performance pedals, as well as its 20″ Sport Wheels with Michelin Pilot Sport 4S 235/35/ZR20 tires and red performance brake calipers.

Since Tesla managed to hit its goal of producing 5,000 Model 3 per week during the final week of the second quarter, the company has stopped its anti-selling initiatives for the vehicle and opened up its Model 3 online configurator to all North American customers. In addition, Elon Musk doubled down on Twitter, reiterating that roughly 100 Dual Motor Model 3 Performance vehicles have been manufactured and will be utilized as test drive units. Tesla uploaded a video of the vehicle’s capabilities while skidpad testing as well. Not long after this, sightings of the car in the Fremont factory’s lot were posted by RS Metrics on Twitter, showing what appears to be the Model 3 Performance fleet that Musk mentioned being prepared for shipping.

Both Elon Musk and Tesla’s official Twitter account further teased several features of the vehicle, such as it upgraded brake package comprised of an upgraded Brembo brake system that includes lightweight two-piece rotors and larger front rotors. The suspension of the electric car was also teased heavily by Musk, who stated that the compact electric car would feature a lower ride height thanks to a tuned suspension system.

 

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Over the past few months, the Model 3 has proved itself as a car that can handle the track, unlike its larger sibling, the Model S, which remains prone to heating issues after a few hot laps. With upgraded brakes and suspension, the all-electric sedan becomes a very capable track car. A race-modified Model 3 recently took first place in its category at the 2018 Canadian Sport Compact Series Time Attack series, beating out a Porsche Boxter in the process.

The Model 3 Performance is capable of sprinting from 0-60 mph in 3.5 seconds, boasts a top speed of 155 mph and capable of 310 miles of driving per single charge. With a price of $64,000 before options, the Model 3 Performance provides interested electric car buyers with a high-performance vehicle that is quite reasonably priced. Including Enhanced Autopilot and Full Self-Driving, the vehicle reaches a price of $80,000, which is significantly higher than Tesla’s originally promised $35,000 base model. Still, a top-of-the-line all-wheel drive Model 3 is considerably more affordable than comparable vehicles like the BMW M3, which costs $91,759 fully loaded, and the $106,000 Mercedes AMG C 63 S Coupe.

Watch a video walkaround of the Model 3 Performance in the Buena Park, CA spotted by Tesla owner Mark Benton below. As noted by Mark in his video, the Model 3 Performance with VIN55394 in Buena Park did not have its carbon fiber spoiler and its Dual Motor badge installed as of yet. These accents are set to be installed on the vehicle after delivery. 

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Investor's Corner

Tesla (TSLA) Q2 2025 earnings call: What investors want to know

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Credit: Tesla Asia/X

Tesla (NASDAQ:TSLA) is set to report its second-quarter 2025 financial results on Wednesday, July 23, after markets close. With this in mind, Tesla investors have aggregated their top questions for the company at its upcoming Q&A session.

The upcoming earnings report follows a mixed delivery quarter. Tesla produced over 410,000 vehicles and delivered more than 384,000 units globally. In the energy segment, Tesla deployed 9.6 GWh of storage products, continuing momentum for its Megapack business. Tesla’s vehicle sales are currently down year-over-year, though a good part of this was due to the Model Y changeover in the first quarter.

Following are Tesla investors’ top questions for management, as aggregated in Say.

  1. Can you give us some insight (into) how robotaxis have been performing so far and what rate you expect to expand in terms of vehicles, geofence, cities, and supervisors?
  2. What are the key technical and regulatory hurdles still remaining for unsupervised FSD to be available for personal use? Timeline?
  3. What specific factory tasks is Optimus currently performing, and what is the expected timeline for scaling production to enable external sales? How does Tesla envision Optimus contributing to revenue in the next 2–3 years?
  4. Can you provide an update on the development and production timeline for Tesla’s more affordable models? How will these models balance cost reduction with profitability, and what impact do you expect on demand in the current economic climate?
  5. When do you anticipate customer vehicles to receive unsupervised FSD?
  6. Are there any news for HW3 users getting retrofits or upgrades? Will they get HW4 or some future version of HW5?
  7. Have any meaningful Optimus milestones changed for this year or next, and will thousands of Optimus be performing tasks in Tesla factories by year-end?
  8. Will there be a new AI day to explain the advancements the Autopilot, Optimus, and Dojo/chip teams have made over the past several years? We still do not know much about HW4.
  9. Cybertruck ramp is now a year in, but sales have lagged other models. How are you thinking through boosting sales of such an incredible product?
  10. When will there be a new CEO compensation package presented and considered for the next stage of the company’s growth?

Tesla will release its Q2 update letter on its Investor Relations website after markets close on Wednesday. A live Q&A webcast with management will then follow at 4:30 p.m. CT (5:30 p.m. ET) to discuss the company’s performance and outlook.

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Tesla Model Y becomes dual champ in China’s vehicle sales rankings

The Model Y’s recent accomplishments suggest that Tesla really has created something special with the all-electric crossover.

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Credit: Tesla Asia/X

The Tesla Model Y was recently deemed a double champion in China, with the all-electric crossover topping two notable sales charts in the country’s automotive sector. 

The Model Y’s recent accomplishments suggest that Tesla really has created something special with the all-electric crossover, as it has continued to outsell even vehicles that are newer and more affordable. 

Tesla China’s announcement

In a post on Weibo, Tesla China VP Grace Tao highlighted that the Model Y topped China’s sales of SUVs, as well as vehicles that are priced in the 200,000-400,000 yuan range. This is quite remarkable, as the Model Y is one of the more costly entries in both lists. She also invited everyone to try out the vehicle for themselves. “You will know the champion strength after a try,” the Tesla VP wrote.

For the first half of the year, the Tesla Model Y sold 171,491 units domestically in China. This number was enough to make it the country’s best-selling SUV and vehicle priced in the 200,000-400,000 yuan range, but it could still easily be higher in the second half of 2025.

This was because Tesla initiated a changeover in Gigafactory Shanghai to shift the facility’s Model Y line to the vehicle’s new iteration. Had Tesla sold the Model Y in full force during the first half of 2025 in China, the vehicle’s domestic sales figures would have been even more impressive.

Model Y L coming

Tesla China’s Model Y sales could see a notable boost in the second half of the year due to the addition of the Model Y L, an extended wheelbase version of the all-electric crossover. Tesla is yet to announce the details for the Model Y L, though the vehicle was listed in the MIIT regulatory catalog as a six-seater. This is game-changing, as the Model Y’s previous seven-seat configurations have caught criticism for being far too cramped and unusable for adults.

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With the six-seat Model Y in the company’s lineup, Tesla would be able to compete with popular vehicles from rivals like BYD, which have made it a point to release spacious three-row vehicles that are designed to carry the whole family. Provided that the Model Y L is priced correctly, it could very well raise Tesla’s vehicle sales this year.

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Investor's Corner

Tesla still poised to earn $3B in ZEV credits this year: Piper Sandler

Piper Sandler analyst Alex Potter maintained his $400 per share price target on TSLA stock.

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Credit: Tesla

Tesla (NASDAQ:TSLA) is still poised to earn about $3 billion in zero-emission vehicle (ZEV) credits this year despite growing concerns over policy shifts under United States President Donald Trump. This is, at least, according to Piper Sandler analyst Alex Potter, who maintained his $400 per share price target and “Overweight” rating on TSLA stock.

Tesla’s ZEV credit revenue

In a recent investor note, Potter acknowledged that Trump’s efforts to undo EV-related incentives could impact Tesla’s ZEV credit income. The analyst noted that these effects would likely not be too drastic, however, even if ZEV credits provide Tesla’s finances with a substantial boost. Last year, Tesla earned about $3.5 billion from regulatory credits, equal to nearly 100% of the company’s FY24 free cash flow, as noted in a Benzinga report. 

Potter estimated that the impact of potential regulatory reversals from the Trump administration will likely not be immediate. “Tesla will still book around $3B in credits this year, followed by $2.3B in 2026,” the Piper Sandler analyst wrote.

Considering his reiterated $400 price target for Tesla stock, Potter seems to be expecting an upside of over 20% for the electric vehicle maker. It should be noted, however, that Tesla is a volatile stock by nature, so huge swings in stock price may happen even without material developments from the company.

Robotaxi developments

The Piper Sandler analyst also highlighted the progress of Tesla’s Full Self-Driving (FSD) program and Robotaxi developments as potential offsets to regulatory headwinds. Potter pointed to expanding operations in Austin and Tesla’s push to launch Robotaxi services in Phoenix and the Bay Area, pending regulatory approval. 

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“In our view, these favorable FSD-related developments are likely to overshadow any/all negative commentary arising from lower 2025/2026 estimates,” the analyst wrote.

In addition to rescinding ZEV programs, the Trump administration has proposed ending the $7,500 federal EV credit by September 2025 and rolling back Corporate Average Fuel Economy (CAFE) standards.

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