Blast off! 2024 Tesla Model 3 Performance pricing officially revealed!

Tesla has finally confirmed pricing for its blisteringly quick Model 3 Performance electric sedan, and it is set to shock rival carmakers.

The facelifted 2024 Model 3 Performance will kick off from $80,900 before on-road costs in Australia. Of course, Tesla pricing changes regularly so it's unclear how long it will stay at this amount.

It is $1500 cheaper than the pre-facelift Performance that last sold in Australia in 2023.

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More importantly, it undercuts a number of key rivals, including the Polestar 2 Long Range Dual Motor Performance ($85,400) and Hyundai's Ioniq 6 AWD 239kW Epiq ($85,500).

It is also significantly cheaper than Hyundai's dedicated performance EV - the Ioniq 5 N - which kicks off at $111,000 before on-roads, as well as more high-end fare like the BMW i4 M50 xDrive that is priced at $133,900.

It can't, however, beat the price of the similarly positioned BYD Seal Performance AWD that tops the Seal range at $68,798.

The facelifted 2024 Model 3 Performance will kick off from ,900 before on-road costs in Australia.

Powering the go-fast EV is the new Performance 4DU, an all-new drive unit that features a new rear motor that uses bar-winding technology - unlocking 22 per cent more continuous power, 32 per cent more peak power and 16 per cent higher peak torque delivery.

Overall power and torque figures are 380kW and 740Nm, which is said to help get you from 0-100km/h in three seconds. The driving range is 528km on the WLTP cycle, and Tesla reckons you can add 228km of charge in 15 minutes using one of its Superchargers.

Even though it is heavier than the old model, the new Model 3 Performance ushers in a two per cent improvement to efficiency with energy use of 16.7 kWh/100km.

Overall power and torque figures for the Model 3 Performance are 380kW and 740Nm.

Tesla has improved aerodynamics which has reduced drag by five per cent, helping to achieve a 36 per cent lift reduction, and a 55 per cent improvement in front-to-rear lift balance.

The Performance comes standard with Tesla’s in-house adaptive dampers, which function with the vehicle's 'Vehicle Dynamics Controller' through various drive modes, including 'Insane' and 'Track'.

Inside, the Model 3 Performance continues the brand's minimalist theme. There is a big 15.4-inch central multimedia screen that controls most of the car's functions from opening the glovebox to selecting gears and a variety of apps.

Upfront of the Model 3 Performance is a 25.4-inch central multimedia screen.

Body hugging sports seats are new and they have the option to be heated and ventilated.