2025 Tesla Model 3 Performance achieves fastest EV lap under $100,000 at VIR

The 2025 Tesla Model 3 Performance recorded a lap time of 2:58.4 at Virginia International Raceway's Lightning Lap 2026, setting a new benchmark for electric vehicles priced below $100,000. This performance surpassed the previous record holder, the Hyundai Ioniq 5 N. The test highlighted the car's capabilities in a single high-speed lap before battery limitations kicked in.

In the Lightning Lap 2026 event, featured in the March/April 2026 issue of Car and Driver, the 2025 Tesla Model 3 Performance demonstrated impressive track prowess at Virginia International Raceway's Grand Course. Priced at a base of $56,630 and tested at $64,630, the vehicle delivered 510 horsepower while weighing 4035 pounds, resulting in a power-to-weight ratio of 7.9 pounds per horsepower. It was equipped with Pirelli P Zero PZ4 Elect tires in sizes 235/35R-20 front and 275/30R-20 rear.

The Car and Driver team operated the Model 3 in fast-lap mode, a setting within Track mode that maintains standard powertrain endurance. They focused on achieving maximum pace with one hot lap at a time, monitoring battery, brake, and motor temperatures closely. The 80-kWh battery allowed for just one full lap before reducing output to prevent overheating, akin to the single-lap limitations of 1980s Formula 1 turbo cars.

Key highlights included entry into the Climbing Esses section at 130.0 mph, where minimal lift off the throttle aided front-end grip. The steering, though lacking feel, responded well to corrections, and regenerative braking set to 100 percent provided rapid deceleration. Compared to the Hyundai Ioniq 5 N from the prior year, the Tesla matched performance in medium-speed corners like the climb to Roller Coaster but showed less stability in high-speed sections.

Towards the lap's end, thermal warnings activated a reduced-power mode, slowing the car by 9 mph on the Front Straight. Despite this, the 2:58.4 time positioned it as the quickest EV under $100,000 at VIR, outperforming the Ioniq 5 N. K.C. Colwell, Car and Driver's executive editor, noted the rapid adaptation to the car's characteristics enabled this result.

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Photorealistic rendering of Tesla's upcoming compact SUV on a Chinese factory line with Elon Musk approving the design.
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Tesla developing compact affordable SUV amid strategy shift and sales slump, Reuters reports

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Tesla is developing a new compact electric SUV priced below the $36,990 Model 3 and measuring 168 inches (4.3 meters) long—shorter than the Model 3 (185.8 inches) and Model Y (188.7 inches)—according to Reuters citing four anonymous supplier sources. The all-new design awaits CEO Elon Musk's production approval and may launch first in China before expanding to U.S. and German factories, signaling a pivot back to core vehicles after a focus on robotaxis and humanoid robots.

Used prices for the Tesla Model 3 have reached record lows in 2026, with some 2019 models available for under $19,000. This depreciation comes amid broader shifts in the electric vehicle market following the end of federal tax credits. While Tesla models generally saw price increases, older Model 3s present affordable options for buyers.

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A YouTuber and an automotive reviewer have tested the entry-level Tesla Model Y Standard, priced at around $39,990 or €39,990, highlighting its compromises compared to higher trims while praising its value for budget-conscious buyers. The model, introduced in October, features reduced equipment but retains core Tesla usability. Both testers found it competent for everyday driving, though it lacks some premium features.

Early data shows Tesla's Model Y driving a strong recovery in electric vehicle sales across Australia in February 2026, following a sluggish January. Combined sales for Tesla and Polestar reached 3,419 units, with year-to-date figures up 61% from 2025. The Model Y accounted for 2,791 of those sales, positioning it as the top seller for the month.

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Automotive reviewer Doug DeMuro has named the 2012 Tesla Model S as the most important car of the last 30 years for revolutionizing electric vehicles. Tesla plans to end production of the Model S and Model X to repurpose factory space for its Optimus robot. This shift comes as newer models like the Model 3 and Model Y dominate sales.

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