The Model Y is far from the cheapest EV you can buy. While there are vehicles that undercut the Model Y’s price, they also fall short on range.

Tesla will launch the Performance variant of its refreshed Model Y later in the year, company executive Lars Moravy said in an interview.

Tesla often introduces new products with a “Launch Edition,” which typically features unique upgrades and options exclusive to the first 1,000 or so vehicles off the production line. The new Model Y’s Launch Edition costs $59,990, which is $4,000 more than a similarly equipped Long Range All-Wheel Drive model.

Tesla's quickest SUV in Australia is poised to return after it was not listed in the line-up launched last month.

Tesla Model Y arrives with a sleek redesign, enhanced comfort, and performance upgrades. With new lighting and a rear screen, it's more attractive and functional than ever. But is the upgrade worth it,

"If it’s too rich for your taste, just hold on for the full range to be released later in the year!" This next-gen Tesla model is officially available — here's when it will hit US roadways first appeared on The Cool Down.