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Tesla Showdown: We got a Model 3 and compared it to a Model S [Video]
We’ve seen a handful of Tesla Model 3 review videos floating around — including an excellent hour-long, deep-dive into the car’s features by our friends at Model 3 Owners Club. That said, we just got a chance to conduct an in-depth evaluation of Model 3 for ourselves. It’s a fascinating car and in our view, will come to dominate the mid-sized sedan segment over the next few years.
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Above: Considering the differences between the two Tesla sedans (Photo: EVANNEX)
In some ways, Model 3 demonstrates how Tesla has elevated its interior design capabilities and improved the integration of features, functionality, and storage as the company moves forward. In other ways, Model 3 reinforces the contention that Model S remains Tesla’s flagship sedan. We think it’s worth comparing and contrasting the two Tesla sedans to better understand the differences between the cars.
Above: Examining a few of the subtle, and not-so-subtle similarities and differences between Tesla’s Model 3 and Model S (Youtube: EVANNEX)
We spent two full days with the Model 3, reviewing the interior and exterior in granular detail. We examined the car through the lens of five years (since 2012!) of Model S ownership. Sure, some Tesla owners (like us) are wondering how these siblings stack up against one another. But there are many others pondering the possibility of owning their first Tesla. The big question is… if you’re considering the purchase of a Tesla Model 3 or Tesla Model S, which one should you buy?
Interior
Let’s compare and contrast some of the interior features of Model 3 and Model S with particular emphasis on driving and vehicle control displays, HVAC capabilities, interior volume and storage, the front driver’s compartment, and the little things that add functionality to the interior.
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Above: A look inside the Tesla Model 3 interior (Photo: EVANNEX)
Driving and vehicle control displays. The Model S boasts two digital displays instead of one in the Model 3. The Model 3’s horizontal, center display is also smaller (15-inch) vs. a vertical, center display which is larger (17-inch) in the Model S. Because Model S retains an information display immediately in front of the driver, it provides somewhat more comprehensive information content. As an aside, the 15-inch landscape display in Model 3 appears to be larger than it is and provides a full range of driving and vehicle information at a glance.
HVAC. Model 3’s HVAC approach demonstrates a significant step forward for Tesla. Both the Model S and Model 3 HVAC approaches are functional and capable, but the Model 3 has a definite advantage in terms of directional control and aesthetics. In addition, its novel design is impressive.
Interior volume and storage. Because Model 3 is a mid-size sedan, it can’t compete with Model S in interior volume—an important factor for many owners. Overall, interior volume in the Model S is far superior to Model 3. You get 30 cubic feet in Model S vs. 15 cubic feet in Model 3. As important in our view, the Model S hatchback design has significant advantages over the Model 3 conventional trunk opening. The hatchback opening provides very easy placement of large objects. It should be noted that the Model 3 trunk, when coupled with second row fold-down seats, does offer the ability to carry long objects with relative ease. The Model S also has a power lift gate instead of the Model 3’s manual trunk. In addition, Model S has a larger frunk than Model 3.
Seating. Model S has seating for 5 adults + 2 children (with rear facing “jump” seats). Model 3 only has seating for 5 adults. That said, Model 3’s seat quality, design, and overall spaciousness of the cabin were comparable to Model S.
Driver visibility. The interior design of Model 3 is striking in the sense that it eliminates the binnacle that normally sits directly in front of the driver, replacing it with a 15-inch landscape center display. With the binnacle removed, the Model 3 dash is lowered, allowing a more complete view of the road immediately in front of the vehicle. The large expanse of glass above the driver provides the feeling of an aircraft cockpit.
Center console. Sitting in the driver side cockpit of Model 3, it becomes obvious that Tesla has improved its interior design chops. The center console for Model 3 (available with the premium option package) is well-designed and functional. It offers easy mobile device charging, dual USB ports along with a 12V port, and elegant storage, complemented by storage compartments in the doors.
Lack of buttons. For Model 3, just about everything except window and door opening is controlled via the landscape display. This level of software control is impressive, but we felt that there might be times when it would be easier to use an analog alternative for, say, the control of the side mirrors or glove box.
The little things. There are little things you’ll find in a Model 3 that are absent from the Model S — coats hooks, built-in rear seat armrest, small storage compartments, back-of-seat kangaroo pockets, etc. To be a bit self-serving for a moment, most of these items can be had (in the aftermarket) for Model S from EVANNEX.
Exterior
Moving to the exterior, it’s apparent that Model 3 has the same vehicle DNA as Model S, but like all siblings, there are visual (as well as characteristic) differences.
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Above: Tesla’s sleek design of its new Model 3 (Photo: EVANNEX)
Looks. The most obvious (in-person) differences are the shorter hood for Model 3, the noticeably narrower width of the vehicle, and smaller wheels. Because it is shorter and narrower, Model 3 has a less striking stance than Model S. Overall, the larger size of the Model S is more visually impressive. We think it’s fair to state that many Model 3 owners will remedy some of these issues in the aftermarket, but in the case of Tesla’s sedan siblings, size matters.
Sensor suite. Autopilot (and ultimately, autonomous driving capability) will be available for both Model S and Model 3. It appears that functionality and capabilities in this domain will be identical.
Door handles. We did have a few small quibbles with Model 3. The push-rotate-grab door handles of Model 3 achieve the required aerodynamic advantages for an electric vehicle, but they pale in comparison to the auto-present and retract door-handles for Model S. We felt that Model 3 handles weren’t as ergonomic, particularly if you’re carrying something as you get into the vehicle.
Wheels. The 18-inch Model 3 aero covers are a matter of personal taste, but the underlying wheel (rim) is a bit conventional in our view and doesn’t offer an aesthetic that Model 3 deserves. The 19-inch wheels (available as an option) are more interesting, but still a bit less luxe than Model S (19-inch and 21-inch) wheel options.
Driving
Performance. Before going any further, it’s important to note that we weren’t able to test drive the Model 3 during our recent evaluation. Last year, we did enjoy a test ride in the Model 3 prototype at Tesla’s launch event. At that time the ride of Model 3 felt like a Model S, but it didn’t have the explosive torque and power that Model S owners are accustomed to. If you’re looking for ludicrous 0-60 mph times (gulp, 2.28 seconds), the Model S is your car. On the other hand, the published findings of a number of different test drives indicate that drivability and overall performance of Model 3 are quite impressive for a car at its price point. To that end, Model 3 can race a respectable 0-60 mph in 5.1 – 5.6 seconds.
Range. Both Model S and Model 3 have plenty of range for road trips and access to Tesla’s vast Supercharger network. On the whole, depending on which variant you look at, Model S will provide more range (259 – 335 miles of range) than Model 3 (220 – 310 miles of range). Also, many Model S owners will be able to take advantage of free supercharging (with a referral) whereas Model 3 owners will not have access to that particular perk.
The Verdict
In reality, the Model 3 and Model S are different vehicles for different demographics. Both have the same vehicle DNA, both will turn heads, and both are the epitome of current automotive technology. It’s clear — you definitely want a Tesla. Which Tesla is right for you?
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Foreground: A new “refresh” Tesla Model S (left) across from a used “signature” Tesla Model S (right); Background: Tesla Model 3 (Photo: EVANNEX)
Although we were extremely impressed with the Model 3, if you’re considering a Tesla (and can afford it), we recommend going with Model S. On performance and premium feel, Model S wins going away. On exterior aesthetics, Model S provides a head-turning design that Model 3 can’t match. On (a few) interior design cues, it’s Model 3 by a nose. On interior space, seating, and storage volume, Model S triumphs. And if you consider availability, you can get your hands on a new or used Model S in a matter of weeks. Model 3 availability? That’s an entirely different discussion.
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Note: Article originally published on evannex.com, by Matt Pressman
Investor's Corner
Tesla stock gets hit with shock move from Wall Street analysts
Despite Tesla not being an automotive company exclusively, the Wall Street firms and analysts covering its shares are widely dialed in on its performance regarding quarterly deliveries. While it holds some importance, Tesla, from an internal perspective, is more focused on end-to-end AI, Robotaxi, self-driving, and its Optimus robot.
Tesla price targets (NASDAQ: TSLA) have received several cuts over the past few days as Wall Street firms are adjusting their forecast for the company’s stock following a miss in quarterly delivery figures for the first quarter.
Despite Tesla not being an automotive company exclusively, the Wall Street firms and analysts covering its shares are widely dialed in on its performance regarding quarterly deliveries. While it holds some importance, Tesla, from an internal perspective, is more focused on end-to-end AI, Robotaxi, self-driving, and its Optimus robot.
In a notable shift underscoring mounting caution on Wall Street, three prominent investment banks slashed their price targets on Tesla Inc. shares over the past two weeks following the electric-vehicle giant’s disappointing first-quarter 2026 delivery numbers. The revisions highlight softening EV sales figures and, according to some, execution challenges.
Tesla delivered 358,023 vehicles in the January-to-March period, a 14 percent sequential decline and a miss versus consensus forecasts of roughly 365,000 to 370,000 units.
Production hit 408,000 vehicles, yet the delivery shortfall, paired with limited updates on autonomous-driving progress and new-model timelines, rattled investors. Shares fell about 8.7 percent since April 1.
Wall Street analysts are now adjusting their forecasts accordingly, as several firms have made adjustments to price targets.
Goldman Sachs
Goldman Sachs cut its target from $405 to $375 while maintaining a Hold rating. Analyst Mark Delaney pointed to soft EV sales trends and margin pressures.
Truist Financial followed on April 2, lowering its target from $438 to $400 (Hold unchanged), with analyst William Stein citing misses in both auto deliveries and energy-storage deployments, plus a lack of fresh details on AI initiatives and upcoming vehicles.
It is a strange drop if using AI initiatives and upcoming vehicles as a justification is the primary focus here. Tesla has one of the most optimistic outlooks in terms of AI, and CEO Elon Musk recently hinted that the company is developing something for the U.S. market that will be good for families.
Baird
Baird’s Ben Kallo made a very modest trim, reducing its target from $548 to $538, keeping and maintaining the ‘Outperform’ rating it holds on shares. Kallo said the price target adjustment was a prudent recalibration tied to near-term risks.
Truist
Truist analyst William Stein pointed to deliveries and energy storage missing expectations, and cut his price target to $400 from $438. He maintained the ‘Hold’ rating the firm held on the stock previously.
JPMorgan
Adding to the bearish tone on Monday, April 6, JPMorgan’s Ryan Brinkman reiterated an Underweight (Sell) rating and $145 price target, implying roughly 60 percent downside from recent levels.
Brinkman highlighted a “record surge in unsold vehicles” that adds to free-cash-flow woes, with inventory swelling to an estimated 164,000 units.
Tesla’s comfort level taking risks makes the stock a ‘must own,’ firm says
He lowered his Q1 2026 EPS estimate to $0.30 from $0.43 and full-year 2026 EPS to $1.80 from $2.00, both below consensus. Brinkman noted that expectations for Tesla’s performance have “collapsed” across financial and operating metrics through the end of the decade, yet the stock has risen 50 percent, and average price targets have increased 32 percent.
This disconnect, he argued, prices in an unrealistic sharp pivot to stronger results beyond the decade, while near-term realities remain materially weaker.
He advised investors to approach TSLA shares with a “high degree of caution,” citing elevated execution risk, competition, and valuation concerns in lower-price, higher-volume segments.
The revisions have pulled the overall consensus lower. Aggregators show the average 12-month price target now ranging from approximately $394 to $416 across roughly 32 analysts, with a prevailing Hold rating and a mixed split of Buy, Hold, and Sell recommendations.
Brinkman’s $145 target stands as a notable outlier on the bearish side.
Not Everyone Has Turned Bearish on Tesla Shares
Not all firms turned more pessimistic. Wedbush Securities held its bullish $600 target, stressing that AI and full self-driving technology represent the core value drivers, with current delivery softness viewed as temporary.
These moves reflect a broader Wall Street recalibration: near-term EV demand faces pressure from high interest rates, intensifying competition, especially from lower-cost Chinese rivals, and slower adoption.
At the same time, many analysts continue to see Tesla’s technology leadership in software-defined vehicles, autonomy, robotaxis, and energy storage as pathways to outsized long-term gains once macro conditions ease and new models launch.
With Tesla’s first-quarter earnings report due later this month, upcoming details on cost discipline, Cybertruck ramp-up, and AI roadmaps will likely shape whether these target adjustments prove prescient or overly cautious. Investors remain divided between immediate delivery realities and the company’s ambitious vision.
Tesla shares are trading at $348.82 at the time of publishing.
Elon Musk
Tesla Full Self-Driving feature probe closed by NHTSA
Actually Smart Summon allows owners to move their parked Tesla via a smartphone app remotely, directing the vehicle short distances in parking lots or private property while the driver supervises from the phone.
A probe into a popular Tesla self-driving feature has been closed by the National Highway Traffic Safety Administration (NHTSA) after over a year of scrutiny from the government agency.
The NHTSA has officially closed its investigation into Tesla’s Actually Smart Summon (ASS) feature, marking a regulatory win for the electric vehicle maker after more than a year of scrutiny.
Here’s our coverage on the launch of the probe:
Tesla’s Actually Smart Summon feature under investigation by NHTSA
The preliminary investigation, opened last January, examined roughly 2.59 million Tesla vehicles equipped with the feature across the Model S, Model X, Model 3, and Model Y lineups. ASS is not available for Cybertruck currently.
Actually Smart Summon allows owners to move their parked Tesla via a smartphone app remotely, directing the vehicle short distances in parking lots or private property while the driver supervises from the phone.
Here’s a clip of us using it:
Summon has had some good performances for me in the past
This was in October: https://t.co/w69Zp2bqeg pic.twitter.com/PVXSRj19E0
— TESLARATI (@Teslarati) April 5, 2026
Introduced as an upgrade to the original Smart Summon, the feature was designed to enhance convenience but drew attention after reports of low-speed incidents where vehicles bumped into stationary objects like posts, parked cars, or garage doors.
The NHTSA’s Office of Defects Investigation reviewed 159 incidents, including one formal Vehicle Owner’s Questionnaire complaint and media reports.
Notably, all events occurred at very low speeds, resulted only in minor property damage, and involved zero injuries or fatalities. The agency determined that the incidents were “extremely rare”, a fraction of one percent across millions of Summon sessions, and did not indicate a systemic safety-related defect.
A key factor in the closure was Tesla’s proactive response through over-the-air (OTA) software updates.
During the probe, Tesla deployed at least six updates that improved camera-based object detection, enhanced neural network performance for obstacle recognition, and refined the system’s response to potential hazards. These iterative improvements, delivered wirelessly to the entire fleet, addressed the primary concerns around detection reliability and operator reaction time.
Critics of Tesla’s autonomous features had initially pointed to the crashes as evidence of rushed deployment, especially given the feature’s reliance on the company’s vision-only Full Self-Driving (FSD) stack. However, NHTSA’s decision to close the case without seeking a recall underscores the low-severity nature of the events and the effectiveness of software-based fixes in modern vehicles.
It definitely has its flaws. I used ASS yesterday unsuccessfully:
It was pouring when I left the gym so I tried to Summon my Model Y
It turned the opposite way and drove out of range, stopping here and forcing me to walk even further across the lot in the rain for it 🤣
One day pic.twitter.com/iD10c8sriB
— TESLARATI (@Teslarati) April 5, 2026
However, improvements will come, and I’m confident in that.
The closure comes as Tesla continues to push boundaries with its autonomous driving ambitions, including unsupervised FSD rollouts and robotaxi initiatives. For owners, the ruling reinforces confidence in Actually Smart Summon as a convenient, low-risk tool rather than a hazardous experiment.
While broader NHTSA reviews of Tesla’s higher-speed FSD capabilities remain ongoing, this outcome highlights how data-driven analysis and rapid OTA remediation can satisfy regulators in the evolving landscape of automated driving technology.
Tesla has not issued an official statement on the closure, but the move is widely viewed as bullish for the company’s autonomy roadmap, reducing one layer of regulatory overhang and allowing focus on further refinements.
Elon Musk
Tesla uses Model S and X ‘sentimental’ value to enforce massive pricing move
By slashing production and creating immediate scarcity, the company has transformed these remaining vehicles into limited-edition relics. The price hike is not driven by rising material costs or new features.
Tesla is using the “sentimental” value that CEO Elon Musk talked about with the Model S and Model X to enforce one of the most massive pricing moves it has ever applied as it begins to phase out the flagship vehicles.
Tesla quietly executed one of its most calculated pricing plays yet. After officially ending production of the Model S and Model X, the company raised prices on every remaining new and demo unit by roughly $15,000.
The refreshed starting prices now sit at:
- $109,990 for the Model S AWD
- $124,900 for the Model S Plaid
- $114,900 for the Model X AWD
- $129,900 for the Model X Plaid
NEWS: Tesla has raised the price on all remaining new (and demo) Model S and Model X vehicles left in inventory by $15,000.
New starting prices:
• Model S AWD: $109,990
• Model S Plaid: $124,900
• Model X AWD: $114,900
• Model X Plaid: $129,900 pic.twitter.com/qBEhsYAfXr— Sawyer Merritt (@SawyerMerritt) April 5, 2026
Every vehicle comes fully loaded with the Luxe Package, Full Self-Driving Supervised, four years of premium connectivity and service, and lifetime free Supercharging. What looks like a simple inventory adjustment is, in reality, a masterclass in monetizing nostalgia.
These are not ordinary cars. For many owners, the Model S and Model X represent the purest expression of Tesla’s original promise—the sleek, over-engineered flagships that proved electric vehicles could be faster, quieter, and more desirable than their gasoline counterparts.
Tesla removes Model S and X custom orders as sunset officially begins
They are the vehicles that carried Elon Musk’s vision from Silicon Valley startup to global automaker.
The final units rolling off the line carry an emotional weight that numbers alone cannot capture. Buyers are not simply purchasing transportation; they are acquiring a piece of Tesla history, the last examples of the very models that defined the brand’s first decade.
Tesla, with this move, understands this sentiment deeply.
By slashing production and creating immediate scarcity, the company has transformed these remaining vehicles into limited-edition relics. The price hike is not driven by rising material costs or new features.
It is driven by the knowledge that a certain segment of buyers, loyalists, collectors, and enthusiasts, will pay a premium precisely because these cars are about to disappear. The strategy converts emotional attachment into margin.
Where other automakers might discount outgoing models to clear lots, Tesla is betting that sentiment is worth more than volume.
The move also quietly rewards existing owners. Scarcity instantly boosts resale values for the hundreds of thousands of Model S and X already on the road, reinforcing brand loyalty among the very people who helped build Tesla’s reputation.
In the end, Tesla’s pricing decision reveals a sophisticated understanding of its audience. As the company pivots toward next-generation platforms, it has found a way to extract one final, lucrative chapter from its heritage.
For buyers willing to pay the new prices, the premium is not just for the car; it is for the feeling of owning the last true originals. Tesla has turned sentiment into strategy, and in the process, reminded everyone that even in the EV era, emotion remains a powerful line on the balance sheet.
Tesla stock gets hit with shock move from Wall Street analysts
Tesla Full Self-Driving feature probe closed by NHTSA
