2026 Tesla Model Y Performance: pricing, range and timing confirmed for Australia

---

Update: 5th September 2025

Tesla Australia has now confirmed the Model Y Performance will cost from $89,400 after the flagship variant’s reveal last week.

The Performance model is priced higher than expected, though crucially remains below the luxury car tax threshold to enable FBT (fringe benefits tax) exemption on novated leases.

It carries a premium of more than $20,000 over the mid-spec Long Range that is also a dual-motor, all-wheel-drive model.

A 0-100km/h sprint time of 3.5 seconds is also confirmed. While that means the Tesla SUV can challenge most electric Porsche Macans, it is slower (on paper) than one of its latest rivals, the MG IM6.

The Performance has a confirmed WLTP range of 580km, just 20km shy of the Model Y Long Range and significantly more than the 466km of the base Rear-Wheel Drive.

Tesla says deliveries for the Model Y Performance will start in December 2025. Drive-away pricing is about $96,000 based on a NSW postcode.

Reveal story (30th August)

The updated version of Tesla’s fastest Model Y SUV has finally been unleashed – revealing a slightly more aggressive aesthetic and acceleration that will outpace most electric Porsche Macans.

Tesla’s Model Y Performance rejoins as the flagship following the release of the heavily revised electric SUV earlier in 2025.

It comes with a 0-60mph (0-97km/h) acceleration claim of 3.3 seconds, which should translate to about 3.5 seconds for 0-100km/h – shaving several tenths off the previous model’s 3.7sec time.

That makes the Performance variant faster than all electric Porsche Macan models with the exception of the flagship Turbo (3.3sec 0-100km/h, with Chrono Package) and would match the 3.4sec of the new rival MG IM6. It’s significantly faster than the BYD Sealion 7 Performance (4.5sec).

The Model Y Performance features a sportier, angled lower bumper, pronounced rear spoiler, and fills its wheelarches with the biggest wheels in the range – 21-inch Y-shaped alloys dubbed ‘Arachnid’.

Inside, further gains over the Long Range AWD are front sports seats that also add thigh extensions, carbon fibre trim elements, and a 16-inch QHD touchscreen.

There are also “unique” drive modes and electronic constantly variable damping shared with the Model 3 Performance.

Despite the increased speed, the Performance comes with a WLTP range not much shorter than the Long Range AWD variant – 579km versus 600km.

Tesla says the Performance can add 243km of range in just 15 minutes on the company’s Supercharger recharging network.

The Performance carries the equivalent of a $20,600 premium over the Long Range AWD in the UK, one of the limited markets currently offering the new flagship. The Long Range AWD starts from $68,900 in Australia.

Tesla Australia has previously indicated it would once again add the Performance model to the local line-up. It currently offers the Tesla Model 3 Performance, which costs from $80,900. Based on the $4k premium between the RWD/AWD variants of the 3 and Y, the Model Y Performance will cost from $84,900.

Read our reviews here of the Tesla Model Y.