Tesla updates the Model Y for 2026 with a revised body, including a new front and rear design, slimmer headlights, more comfortable seats, and a new dashboard. It is also quieter inside than previous models.

Tesla’s facelift of the Model Y SUV hasn’t proved enough to halt a decline in sales, but from this week, there’s a fresh reason to give the automaker’s showrooms some of your time. The range-topping Model Y Performance is officially on sale in the US, and at just $57,490, it looks like a seriously good value for what it puts on the table.

CarMax reports six electric SUVs that rival the Tesla Model Y, including the Ford Mustang Mach-E and Hyundai Ioniq 5, offering varied ranges and features.

Is the Tesla Model Y really worth the extra money over Ford’s Mustang Mach-E? We break down the key differences to help you decide.

The Model Y, which made its debut in the Indian market in July 2025, is offered in two trims – the Standard RWD and the Long Range RWD.