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This question is about follow up email after an interview.
Yes, three days is too late to send a thank-you email after an interview. The point of sending a thank-you email instead of a letter is that it gets to the recipient promptly. If you were mailing a thank-you note, it would be appropriate to reach the recipient three days after the interview, but not so with an email.
Sending a thank you email three days after an interview can make it look like it wasn't a high priority for you, causing hiring managers to doubt how serious you are about the position. It may also cause them to question if you'll be responsive and timely as an employee or coworker, casting further doubt on your candidacy.
Now, if your interview is on a Friday afternoon and you can't send a thank you email that day, it is appropriate to send it the following Monday. Sending a professional or formal email over the weekend isn't appropriate, so sending it first thing the following Monday is a good option.
Whenever you decide to send your email, remember that one of the goals of the thank you email is to keep yourself fresh in the hiring manager's mind, and you likely aren't the only candidate they've talked to that day.
Sending your note of thanks sooner rather than later will remind them of your interview, solidifying it in their memory before they get lost in the pile of other applications they've received.

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