The three models have similar overall designs, but the specs are notably different. The base model phone again relies on a MediaTek chip, while the Plus and Ultra are Snapdragon-based. The Ultra has the same processor seen in Samsung's latest flagship phones, the Snapdragon 8 Elite. As Moto points out, it's the fastest chip available in a foldable.

Motorola's new Razr models show it's serious about leading foldables, particularly the Razr Ultra. The Razr+ and Razr Ultra beat Samsung's Galaxy Z Flip 6 in some areas -- and may even hold an edge against the Z Flip 7.

Motorola added the $1,300 Ultra to its Razr lineup. Here's how it stacks up against the two more affordable models.