Tesla is expanding its popular mid-size SUV lineup with the arrival of the 2026 Model Y Performance, which is now available to order in Australia ahead of first deliveries in late 2025.
The flagship variant comes in below the luxury car tax threshold, making it eligible for fringe benefits tax exemptions when financed through a novated lease. Local vehicles will be sourced from Tesla’s Berlin-Brandenburg Gigafactory in Germany.
Building on the recently-introduced Model Y RWD model, the Performance gets unique exterior styling, chassis enhancements, and a more powerful drivetrain. Headline figures include 343kW of power, 0–100km/h in a claimed 3.5 seconds, and a top speed of 250km/h, backed by a WLTP range of 580km.
A new adaptive suspension system has been developed in-house, offering Standard, Sport and Track modes to tailor handling characteristics. Tesla says the recalibrated springs, stabiliser bars and bushings contribute to a sharper yet balanced drive, while software integration allows owners to customise driving dynamics via the central screen.
Visually, the Model Y Performance is distinguished by redesigned front and rear bumpers, larger air intakes, a carbon fibre spoiler, gloss black detailing, and new 21-inch forged Arachnid 2.0 wheels. Red brake calipers and Performance badging further set it apart from its stablemates.
Inside, upgrades include carbon fibre trim across the fascia and doors, new sports seats with additional bolstering, and an enlarged 16-inch touch-screen with slimmer bezels and higher resolution. Tesla claims the new display offers nearly 80 per cent more pixels than before, improving both usability and entertainment.
The new Model Y Performance is offered in Diamond Black, Pearl White Multi-Coat, Quicksilver, Stealth Grey, and Ultra Red. It’s available to order now, with prices starting from $89,400 (excluding on-road costs).
