'Model 3 Performance Is Awesome,' Says Elon Musk To Comparison Between Tesla EV Sedan And Ferrari 12Cilindri
Portfolio Pulse from Anan Ashraf
Elon Musk praised the new Tesla Model 3 Performance, comparing its capabilities favorably against Ferrari's 12Cilindri GT. The Model 3 Performance, which starts at $53,990, boasts a top speed of 163 mph and can accelerate from 0-60 mph in 2.9 seconds. This comes as Tesla introduced the updated Model 3 in the U.S., with the Performance variant recently launched after being initially absent. The Ferrari 12Cilindri, starting at approximately $425,553, was unveiled in Miami Beach, highlighting its 818 hp and a top speed of over 211 mph.

May 04, 2024 | 6:05 am
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Elon Musk's endorsement of the Tesla Model 3 Performance, especially in comparison to a high-end Ferrari model, could positively influence investor perception and consumer interest in Tesla. The recent launch and subsequent price adjustment of the Model 3 Performance variant highlight Tesla's ongoing product development and market positioning strategies.
Elon Musk's public comparison of the Tesla Model 3 Performance to a luxury sports car like Ferrari's 12Cilindri GT serves as a strong endorsement of Tesla's product quality and performance capabilities. Given Musk's influence and Tesla's market position, such statements can positively impact investor sentiment and consumer interest, potentially leading to increased sales and a positive short-term impact on Tesla's stock price.
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