New Tesla Model 3 price 44% higher compared to the base Model 3’s

Tesla China has taken a giant step towards the first delivery of its supermodel Model 3

 The Model 3 performance iteration has been included with China’s Ministry of Industry and Information Technology (MIIT) catalog of upcoming vehicles.

The addition of the new Model 3 Performance to MIIT's catalog is the last major government approval a car needs to be sold in the country, .

Model 3 Performance’s new addition will be open from 12 to 17 May.

The new car features a 137 kW front motor and a 265 kW rear motor

A  top speed of 261 km/h and a 0-100 km/h acceleration time of just 3.1 seconds.

The new Model 3 performance starts at RMB 335,900 (about $46,430),