Tesla Unveils Powerwall 3: Specs, What's New and How It Compares to Powerwall 2

By Kevin Armstrong
Tesla has introduced its newest Powerwall, Powerwall 3
Tesla has introduced its newest Powerwall, Powerwall 3
Not a Tesla App

Tesla continues its foray into home energy solutions with the highly anticipated launch of Powerwall 3, a product that pledges to redefine sustainable home energy systems. Official details emerged, painting a promising picture of the capabilities and features of the next-generation home battery.

What Sets It Apart

Building on the success of its predecessors, the Powerwall 3 retains the same 13.5 kWh energy capacity in Powerwall 2. However, the noteworthy upgrade comes in the amount of power it can provide — an increase to 11.5 kW continuous power, instead of 10 kW peak on the Powerwall 2.

The Powerwall 3 also had its on-grid power increase substantially from 5.8 kVA (4.64 kW) to 11.5 kW, both continuously.

Built-in Inverter

A major distinguishing feature is the fully integrated solar inverter with a capacity to handle up to six solar inputs, facilitating high-efficiency direct solar connections. This move showcases Tesla’s commitment to advancing clean energy solutions, setting a new benchmark in solar-to-grid energy conversion efficiency pegged at a staggering 97.5%.

Compatibility and Expansion Possibilities

While it’s built for the future, the Powerwall 3 seems to take a step back in terms of compatibility with existing setups. Tesla has clarified that this new release will not be compatible with Powerwall 2 units or other solar inverters, indicating a clear pathway Tesla envisions for its users — a one-brand ecosystem that promises seamless integration and efficiency.

Prospective buyers should note the enhanced scalability; a single unit can be easily expanded to meet growing energy demands, with a maximum additional capacity of 40.5 kWh per unit. However, it seems Tesla is looking to streamline its operations by directing new solar installations towards the Powerwall 3 while recommending Powerwall 2 for additions to existing solar setups.

Design and Installation

Tesla has slightly redesigned the Powerwall 3, making it compact yet heavier compared to its predecessor. With dimensions of 43.25 in x 24 in x 7.6 in and a weight of 287 lbs, it seeks to blend power with aesthetics. Installation includes the promise of seamless backup transition and resilience against flood and dust, adhering to North American safety and EMI standards.

Despite the buzz and some users reporting early installations, the wide-scale availability of Powerwall 3 is slated for 2024. Moreover, it will not be part of the $500 rebate offer that is currently applicable to Powerwall 2 and Powerwall+ installations happening between June 15, 2023, and October 31, 2023.

Comparing Powerwall 2 and Powerwall 3

Feature Powerwall 2 Powerwall 3
Energy Capacity 13.5 kWh 13.5 kWh
On-Grid Power 5.8 kVA continuous 11.5 kW continuous
Backup Power 10 kW peak, 106A LRA motor start 11.5 kW continuous, 150 LRA motor start
Size (L x W x D) 45.30 in x 29.6 in x 5.75 in 43.25 in x 24.0 in x 7.60 in
Weight 251.3 lbs 287 lbs
Warranty 10 years 10 years
Scalability Single size Up to 40.5 kWh max addition per unit
Inverter Not included Included (6 solar inputs)

As Tesla prepares to roll out the Powerwall 3, prospective users are keen on the transformative features it brings to the home energy landscape. The inclusion of an integrated solar inverter and system controller stands out, promising an efficient and versatile home energy solution. However, it's not without its limitations, particularly concerning compatibility and financial incentives.

Tesla Will Accelerate the Release of Its Next-Gen Model, While the Robotaxi Takes a Backseat

By Cláudio Afonso

Today, Tesla published its 2024 Q1 report, showing revenue of $21.3 billion, 9 percent lower than the same period last year and a total GAAP gross margin of 17.4%, down 19.1% in Q1 2023.

The company teased its upcoming Robotaxi and its next-generation platform saying its “purpose-built Robotaxi product will continue to pursue a revolutionary ‘unboxed’ manufacturing strategy”.

Tesla mentioned that it suffered “numerous challenges“ during the first quarter including the Red Sea conflict and the arson attack on its GigaFactory in Berlin and the ramp-up of the updated Model 3. Earlier today Tesla officially announced its new Model 3 Performance model.

Accelerating the Launch of its Next-Gen Model

The company said it will accelerate the launch of new models including its upcoming “$25k,” next-gen vehicle. Tesla stated:

“We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025. These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms, and will be able to be produced on the same manufacturing lines as our current vehicle line-up.”

When it comes to layoffs, Tesla says it undertook “a cost-cutting exercise to increase operational efficiency” adding it is “focused on profitable growth” by “leveraging existing factories and production lines to introduce new and more affordable products”.

The automaker reaffirmed its focus on autonomous driving with the recent price cuts on the purchase and subscription of its FSD software in the US and Canada.

“The future is not only electric, but also autonomous. We believe scaled autonomy is only possible with data from millions of vehicles and an immense AI training cluster. We have, and continue to expand, both. To make FSD (Supervised) 5 more accessible, we reduced the price of subscription to $99/month and the purchase price to $8,000 in the US.”

Robotaxi

Tesla also revealed that its Robotaxi will now differ from its next-gen vehicle. Although Tesla will follow more traditional processes for producing its more affordable vehicle, Tesla says the Robotaxi will still follow the new, more efficient, “unboxing” manufacturing strategy. This comes just days after Musk said the Robotaxi will essentially be its next-gen model without a steering wheel.

Tesla’s quarter-end cash, cash equivalents and investments were $26.9 billion.

Earlier today, Tesla launched officially the highly expected Model 3 Performance with deliveries starting in May. The new version starts at $45,490 (after applying the $7,500 Federal EV tax credit).

In recent weeks, the company has been reducing prices in its primary markets, including China and the United States. The initiative followed the recent introduction of lower and even 0% interest financing programs in certain markets.

At the time of this writing, Tesla stock is currently trading 7 percent higher at $145 per share.

Tesla Officially Launches the New Model 3 Performance, Deliveries Start Next Month

By Cláudio Afonso

Today, a few hours before releasing their first quarter financial results, Tesla launched the highly anticipated Model 3 Performance. The new version starts at $45,490 (after applying the $7,500 Federal EV tax credit) and deliveries are scheduled to start in May.

With 510 horsepower and a top speed of 163 mph, the new Performance variant brings an improved sound system, a re-designed interior featuring more comfortable rear seats with some features coming directly from the recently revamped Model 3. Tesla also says that the new Performance model has “significantly less” road and wind noise thanks to the rear spoiler and changes to the front bumper.

“The front and rear fascias, rear diffuser and carbon fiber spoiler work together to help reduce drag and improve lift balance at high speeds”

Tesla’s most powerful Model 3 ever is now cheaper than the Model 3 Long Range after the federal tax credit. The Model 3 Performance model is the only Model 3 variant that is eligible for the government incentive.

Performance

The new Performance model comes with 20
The new Performance model comes with 20

While the new Performance model is largely based on the recently revamped Model 3, while including design changes to the front and rear diffuser, as well as the addition of a rear spoiler. In terms of performance, the model announced today offers a 22% increase in continuous power, a 32% increase in peak power, and an additional 16% of peak torque. The Performance model now has 500 hp and includes a “performance” motor that’s unique to the Performance model.

The new Model 3 Performance is capable of going 0 to 60 in 2.9 seconds, 0.2 seconds faster than the previous incarnation. It didn’t take long for Tesla’s CEO Elon Musk to comment on X stating that the Model 3 Performance is “quicker than a Porsche 911.”

Specs of the new Tesla Model 3 Performance
Specs of the new Tesla Model 3 Performance

Track Mode V3

The new Model 3 Performance is equipped with an updated Track Mode, v3, that features an all-new calibration for the powertrain and adaptive suspension.

Tesla's Track Mode V3
Tesla's Track Mode V3

Range

The Model 3 Performance has an EPA range of 296 miles (476km) on a single charge, an increase of 10 miles (16km) when compared to the previous version while being slightly lower than the Long Range variant.

Rear Display

As seen in the revamped version of the Model 3, Tesla is also bringing the rear 8” touchscreen with climate controls, Bluetooth connectivity and entertainment for the rear passengers. With Tesla update 2024.14, Tesla is improving the rear screen by adding trip information, time and temperature information to the top of the display.

Exterior view of the new Tesla Model 3 Performance
Exterior view of the new Tesla Model 3 Performance

All-new Adaptive Suspension

According to Tesla, the new adaptive dampening system adjusts to driver and road input in real-time. While the new Model 3 already included suspension improvements over the previous generation, the Performance model takes it one step further.

New Seats

The new model includes the new Sport Seats that we’ve seen in spy shots before. Although the new model is officially named “Performance,” the sport seats feature the Ludicrous badge. The seats include improved side and cushion bolsters to help keep you in an ideal driving position

The new Sport seats feature the Ludicrous badge
The new Sport seats feature the Ludicrous badge

Deliveries

The model just went up for sale a few hours ago, but orders placed minutes after the launch show an estimated delivery of May/June 2024 in the United States. In Canada, where the Model 3 Performance starts at CA $69,990, the estimated delivery is currently slated for June/July.

Latest Tesla Update

Confirmed by Elon

Take a look at features that Elon Musk has said will be coming soon.

More Tesla News

Subscribe

Subscribe to our weekly newsletter.

Sponsors

Find out how to become a sponsor and have your site listed here.

Although we share official Tesla release notes, we are not affiliated with Tesla Motors. We are Tesla fans and supporters.

Latest Tesla Update

Confirmed by Elon

Take a look at features that Elon Musk has said will be coming soon.

Subscribe

Subscribe to our weekly newsletter.