Lexus Lm500H vs Tesla Model 3

What's the difference?

VS
Lexus Lm500H
Lexus Lm500H

$223,520 - $223,520

2025 price

Tesla Model 3
Tesla Model 3

$44,800 - $79,800

2024 price

Summary

2025 Lexus Lm500H
2024 Tesla Model 3
Safety Rating

Engine Type
Inline 4, 2.4L

Not Applicable, 0.0L
Fuel Type
Premium Unleaded Petrol

Electric
Fuel Efficiency
6.6L/100km (combined)

0.0L/100km (combined)
Seating
4

5
Dislikes
  • Privacy screen separting back seats
  • Not much space up front
  • Expensive

  • Looks a bit dull
  • Steering too light
  • Still feels cheap inside
2025 Lexus Lm500H Summary

In 15 years as a car reviewer there have been plenty of super luxurious cars and there has been plenty of people moving. But not many super luxurious people movers. Until now. Until the Lexus LM 500h.

This people mover costs a quarter of a million dollars. And if that caught your attention you probably also want to know what that buys you. My family and I found out when we lived with the LM 500h Ultra Luxury for a week.

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2024 Tesla Model 3 Summary

It is highly unusual to drive around in a bed, but that’s what it felt like we were being asked to do with the new and terribly exciting Tesla Model 3 Performance.

Tesla doesn’t do media launches, nor traditional marketing, so everything about this event was predictably peculiar, but when we were told this new car was causing so much excitement that we should pull a sheet over it every time we stopped, to avoid people photographing it, or touching it (“if someone tries, just politely ask them to stop” as we were advised) we hit peak weirdness.

Eventually, they did agree to pull the sheet off one and let us have a look at the most exciting car Tesla has ever made that’s not a Cybertruck

The Performance is the Model 3 Tesla engineers and designers always wanted to make. Clearly, it was going to be called the 'Ludicrous', because some staff kept stuffing up and calling it that. It’s a shame the name wasn’t used, but at least it still gets an 'Insane' mode.

They really wanted to go all out with the original Performance version, but “a guy called Elon” didn’t want to add all the complexity that required at the time - he was focused on quality issues and ramping up production - but this go around he has let them have their heads, and encouraged them to go hog wild.

That means an entirely new power unit at the rear, staggered 20-inch wheels for sportier turn-in, aerodynamic changes for more downforce and less lift, new seats and the fitting of active dampers to a Model 3 for the first time, to help provide proper, track-ready handling.

We set out into the embrace of the adoring Los Angeles public (truly, no city on Earth boasts so many Tesla owners, they are everywhere) to find out if all the fuss is worth it.

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Deep dive comparison

2025 Lexus Lm500H 2024 Tesla Model 3

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