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Nov 18, 2016 08:05 PM EST

The Tesla Model S P100D is to receive an upgrade boosting acceletration. Also reports have come in clearing-up the dispute of the sedan being the "fastest production car in the world."

CEO Elon Musk revealed on Twitter that Tesla Motors is releasing a software optimization update for the $134,500 luxury sedan. It promises a 0-60 mph time under 2.4 seconds and quarter-mile run in 10.6 seconds.

Road & Track reported that the current Tesla Model S P100D in Ludicrous Mode is already one of the quickest cars presently on sale. It was tied with the Porsche 911 Turbo S with regards to acceleration times. Now, with the new software installed, Tesla's claimed 2.4 second launch will beat Porsche's reported 2.7, potentially giving the P100D the best acceleration time among new models.

However, Tesla made it clear that the P100D would get out-sprinted by the LaFerrari and 918 Spyder. On the other hand, they pointed out, fairly, that the Ferrari and Porsche are hybrid hypercars costing more that $1-million brand new. Also, both exotics' production ended a few years ago.

On a different note, with several different hypercars racing across YouTube screens for the past couple of years, the term "Fastest Car in the World" has come into heavy debate among afficionados. The P100D was tossed in with the belligerents by erroneous reports.

Tesla Motors very precisely described their luxury sedan as "the third fastest accelerating production car ever produced." Nevertheless, several reporters, bloggers and newsmakers lost the nuance, tagging the car as "the fastest car on sale," or "the fastest production car in the world."

What should be noted, though, are the company's strides to improve the performance of its electric vehicle lines. With improved design, the Tesla Model S P100D can reach up to 315 miles per battery charge.

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