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Some of the fastest production cars in the world are also some of the most expensive. However, you can now get the same thrill of speed for a fraction of a price of a Ferrari or high-end Porsche. Tesla today announced new 100kWh battery updates for the Model S and the Model X. With this latest update the Model S has now become the third fastest production car in the world. It can now go from 0 to 60 MPH in just 2.5 seconds.

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It’s third only to the Ferrari LaFerrari and the Porsche 918 Spyder, both of them cost millions of dollars and are limited run which means even if you have the money you might find it hard to buy one brand new.

This essentially means that an all-electric car is now the fastest production car in the world. The 100kWh battery pack will also propel the heavy Model X crossover SUV to 60 MPH in just 2.9 seconds.

The new battery option promises a range of 315 miles on a single change for the Model S and 289 miles for the Model X. The 100kWh battery is only available with the performance, all-wheel drive configuration that also features Ludicrous Mode.

Tesla customers who have ordered a P90D Ludicrous but haven’t taken delivery yet can upgrade to the 100kWh battery by paying an additional $10,000. Those who already have their P90D cars can also upgrade but they will need to pay $20,000 as their existing 90kWh battery pack will have to be recycled.

The company also acknowledged in its press release that with the price of the top-of-the-line model being over 100,000, the P100D Ludicrous is obviously an expensive vehicle, and it wants fans to know that every sale helps the company in the development of the Model 3 which is its first mass-market electric car priced at $35,000.

Filed in Transportation. Read more about , , and . Source: tesla

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