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Comparative Analysis of Tesla Model 3 Performance and BMW i4 M50

GOOVER DAILY REPORT 6/7/2024
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TABLE OF CONTENTS

  1. Introduction
  2. Core Characteristics of Tesla Model 3 Performance and BMW i4 M50
  3. Design and Hardware Improvements in Tesla Model 3 Performance
  4. Performance Specifications of Tesla Model 3 Performance
  5. Economic Viability and Market Position
  6. Glossary
  7. Conclusion
  8. Source Documents

1. Introduction

  • The electric vehicle (EV) market is witnessing an intensifying competition with notable models like Tesla Model 3 Performance (M3P) and BMW i4 M50 emerging as strong contenders. This report offers a detailed comparative analysis of these vehicular giants based on several performance, design, and economic factors.

2. Core Characteristics of Tesla Model 3 Performance and BMW i4 M50

  • 2-1. Power and Torque

  • The Tesla Model 3 Performance is equipped with a 510 horsepower (hp) engine, offering a torque of 741 Newton-meters (Nm). In contrast, the BMW i4 M50 has a 536 horsepower engine and provides a slightly higher torque of 794 Nm.

  • 2-2. Transmission and Performance

  • Both the Tesla Model 3 Performance and BMW i4 M50 feature all-wheel drive (AWD), enhancing their grip and performance on various types of roads. The Tesla M3P accelerates from 0 to 96 km/h in 2.9 seconds, while the BMW i4 M50 accomplishes this in 3.7 seconds.

  • 2-3. Autonomy and Maximum Speed

  • The Tesla Model 3 Performance boasts a better range of 476 km, compared to 433 km for the BMW i4 M50. Additionally, the Tesla reaches a higher maximum speed of 262 km/h, compared to 209 km/h for the BMW.

  • 2-4. Tire Size

  • The Tesla Model 3 Performance is equipped with front tires sized 235/35 R20 and rear tires sized 275/30 R20. The BMW i4 M50, on the other hand, has slightly wider tires, with front tires sized 245/40 R19 and rear tires sized 255/40 R19.

  • 2-5. Weight and Loading Capacity

  • The Tesla Model 3 Performance is significantly lighter at 1839 kg compared to the BMW i4 M50, which weighs 2275 kg. Additionally, the Tesla offers more loading capacity with 648 liters, compared to 470 liters for the BMW.

  • 2-6. Suspension

  • Both models feature adaptive suspensions, providing a comfortable and responsive ride that adjusts to various road conditions.

  • 2-7. Price Comparison

  • For the French market, the Tesla Model 3 Performance is priced around €50,500, while the BMW i4 M50 is priced around €68,700, based on the current exchange rates.

3. Design and Hardware Improvements in Tesla Model 3 Performance

  • 3-1. Chassis Enhancements

  • The new Tesla Model 3 Performance features significant changes to its chassis compared to its predecessor. Tesla has implemented hardware bespoke to the model, focusing on increasing structural rigidity. Key enhancements include uprated springs, new anti-roll bars, and unique bushings designed to improve dynamics and driver engagement. Additionally, the car is equipped with adaptive damping, allowing the driver to fine-tune the ride depending on the use case.

  • 3-2. Track Mode V3 Features

  • To leverage the new chassis hardware, Tesla has incorporated Track Mode V3 in the Model 3 Performance. This mode adjusts parameters for the motors, suspension, powertrain cooling, regenerative braking, and stability systems to extract the maximum performance possible. This feature aims to enhance the driving experience by providing more control and customization options to the driver.

  • 3-3. Aerodynamic and Aesthetic Design

  • The Tesla Model 3 Performance's design follows the aesthetics of the Model S Plaid, with aggressive new front and rear bumpers and improved aerodynamics. Enhancements include added cooling ducts, a new rear diffuser section, and a carbonfibre lip spoiler. Tesla offers a single 20-inch forged ‘Warp’ wheel option with removable aero elements, wrapped in staggered 'performance' tires. Despite the improved aerodynamics, the quoted range for the new Model 3 Performance is 328 miles (WLTP), which is 12 miles less than the previous model.

  • 3-4. Cabin and Interior Upgrades

  • The interior of the Tesla Model 3 Performance retains the same refined, comfortable cabin as the ordinary Model 3 but with additional features to set it apart. There are more supportive sports seats and carbonfibre trim. Both the front and rear occupants benefit from an infotainment display with new ambient lighting fitted throughout the cabin as standard. Additionally, buyers have limited choices regarding interior customization, such as two interior colors (black as standard and white for an additional £1100) and five exterior paint options. The 2024 Tesla Model 3 Performance starts from £59,990 in the UK, making it over £10,000 cheaper than the BMW i4 M50.

4. Performance Specifications of Tesla Model 3 Performance

  • 4-1. Dual-Motor All-Wheel Drive

  • The 2024 Tesla Model 3 Performance features a dual-motor, all-wheel drive powertrain with a motor on each axle. This setup allows the vehicle to deliver a total power output of 460bhp. Notably, this configuration is consistent with previous models but benefits from improved dynamics and refinement.

  • 4-2. Acceleration and Top Speed

  • The latest Model 3 Performance can accelerate from 0-60mph in just 2.9 seconds, which is two-tenths of a second faster than its predecessor. Its top speed has also seen a slight increase to 163mph, which is 1mph higher than the previous version.

  • 4-3. Range and Efficiency

  • Despite enhancements in aerodynamics and efficiency, the new Model 3 Performance has a quoted range of 328 miles (WLTP), which is 12 miles less than its previous iteration. For comparison, the BMW i4 M50 has a range of 318 miles (WLTP).

  • 4-4. Optional Enhancements and Upgrades

  • Tesla offers several optional upgrades for the Model 3 Performance, including 'Enhanced Autopilot' for £3400 and 'Full Self-Driving Capability' for £6800. Additionally, customers can choose from a variety of paint options and interior finishes, though the standard options include a single wheel type and a limited range of interior colors.

5. Economic Viability and Market Position

  • 5-1. Pricing Strategy

  • The Tesla Model 3 Performance (M3P) and the BMW i4 M50 exhibit distinct pricing strategies. The Tesla M3P is priced more competitively at approximately €50,500 in France and £59,990 in the UK, whereas the BMW i4 M50 is priced significantly higher at around €68,700 in France and over £10,000 more than the Tesla in the UK market.

  • 5-2. Market Reception in Different Regions

  • The Tesla Model 3 Performance has garnered positive reception in multiple regions due to its competitive pricing and high performance. It has started landing with customers in the UK and aims to secure its market presence further with its new Performance model. In comparison, the BMW i4 M50, with its higher price point, appeals to those valuing the brand's luxury and engineering prestige.

  • 5-3. Comparison with Competing Models

  • When compared to other competing models, the Tesla Model 3 Performance and the BMW i4 M50 stand out. The Tesla model, with its dual-motor, all-wheel drive powertrain, and improved dynamics, is designed to challenge competitors like the Polestar 2 Performance Pack and the upcoming electric BMW M3. On the other hand, the BMW i4 M50 offers a slightly higher torque (794 Nm vs. 741 Nm) and appeals to individuals who prioritize raw power and luxury.

6. Glossary

  • 6-1. Tesla Model 3 Performance [Product]

  • Tesla Model 3 Performance is a flagship electric vehicle known for its dual-motor all-wheel drive, rapid acceleration (0-60 mph in 2.9 seconds), and an impressive driving range. It is celebrated for its blend of performance, technological advancements, and competitive pricing.

  • 6-2. BMW i4 M50 [Product]

  • BMW i4 M50 is a premier luxury electric vehicle that stands out for its high power output (536 bhp), superior torque, and the brand's heritage in automotive engineering. It offers a balance of raw power and luxury, appealing to enthusiasts with an inclination towards performance and brand prestige.

7. Conclusion

  • Based on the comparative analysis, Tesla Model 3 Performance emerges as a cost-effective and high-performing EV in contrast to BMW i4 M50 which offers marginally better torque and brand prestige. The final choice between these models hinges on individual preferences for power versus overall value.

8. Source Documents