Tesla Model Y MY27 update: faster mid-range variants, cheaper Performance flagship and V2L across the range

What changes for MY27

Tesla Australia has announced an MY27 upgrade for the Model Y that brings faster mid-range variants, a cheaper Performance flagship and vehicle-to-load (V2L) technology across the board, according to Chasing Cars. The mid-range Premium Long Range All-Wheel Drive and the six-seater L Premium both improve their claimed 0-100km/h acceleration times, each shaving half a second off their previous claims, to 4.3 seconds and 4.5 seconds respectively. ¹

The Performance flagship drops $4500 to $84,900 before on-road costs, a change Chasing Cars attributes to production moving from Tesla's Gigafactory in Berlin to Gigafactory Shanghai. That price cut and the sourcing shift are also reflected in The West Australian's report on the 2027 Model Y Performance. ¹³

The West Australian's headline report on the MY27 Model Y Performance matches Chasing Cars' account of a $4500 price cut tied to the move to Chinese sourcing, providing independent corroboration of the headline change. ³

Pricing and the paint caveat

Under the MY27 update, the Australian Model Y range is priced at $58,900 for the Premium rear-wheel drive, $68,900 for the Premium Long Range All-Wheel Drive, $74,900 for the L Premium and $84,900 for the Performance, all before on-road costs, as listed by Chasing Cars. There are no price changes for the mid-range Model Y trims, which Chasing Cars notes are rivals for the BYD Sealion 7, Zeekr 7X and other medium electric SUVs. ¹

Not every Performance buyer will pocket the full $4500 saving. Chasing Cars reports that paints, which previously came included on the Performance at a cost of between $1500 and $2600, are now an individual cost option on the flagship. The Performance also gains choice, with a new Glacier Blue exterior paint and a Zen Grey interior available. ¹

Tesla Australia did not confirm a cheaper entry model for the Model Y, Chasing Cars reports, despite the company simultaneously announcing a Model 3 base-model change that cuts the sedan's entry price by $9000 as part of the same MY27 update. Chasing Cars has previously reported that cheaper Standard models of both the Model 3 and Model Y were not coming to Australia. ¹

Vehicle-to-load across the range

Tesla has made its 'Power Share' vehicle-to-load capability available on all Model Y models where it was previously limited to specific variants, according to Chasing Cars. Unlike some other EVs, the feature requires the purchase of a separate adaptor. ¹

The V2L expansion is a meaningful step in the Model Y's competitive context. Energy Matters, citing industry reporting, notes that most non-Tesla EVs sold in Australia - including BYD's entire local range - have offered vehicle-to-load as standard for years, typically at 3.3kW to 3.6kW output, while Tesla only introduced a limited 2.4kW version on the Model Y Performance in 2026, via a separate paid adapter and without vehicle-to-home support. Motor Trend, which drove the Model Y L in the United States, reports that the L's V2L leverages its battery and a special adapter at the charging port to power appliances with up to 2.4kW. ¹⁶⁷

Ordering and delivery timing

The MY27 Model Y range is available for ordering from today, with deliveries starting later this month in October 2026, Chasing Cars reports. No further conditions on the update were detailed in that announcement. ¹

The Model Y in a crowded electric SUV market

The Model Y remains Australia's dominant electric vehicle. Chasing Cars' EV sales tracker lists it as the most popular EV year-to-date to July 2026 with 25,040 sales, well clear of the BYD Sealion 7 on 15,064 and the Zeekr 7X on 7424. Chasing Cars' broader best-sellers guide also places the Model Y as the third best-selling vehicle overall in Australia year-to-date to July 2026, with 22,611 registrations on Vfacts data. ⁵²

The competitive pressure is nonetheless real. Energy Matters reports that BYD has outsold Tesla as a brand in Australia in 2026 - 39,302 units to 36,051 year-to-date to August, according to FCAI VFacts data compiled by the Electric Vehicle Council and reported by The Driven - even though the Model Y remains the single best-selling model. The Sealion 7, priced from $54,990 to $63,990 before on-road costs on BYD's Australian pricing, is the second-best-selling EV model with 17,277 units year-to-date, per Energy Matters. ⁶

The mid-range grades the MY27 update targets sit squarely in that contested territory. CarExpert's review of the 2026 Sealion 7 Performance details the rival benchmark: a dual-motor all-wheel drive flagship with 390kW, a claimed 4.5-second 0-100km/h time, 456km of claimed WLTP range and 150kW maximum DC charging, priced at $63,990 before on-road costs. CarExpert also notes the Zeekr 7X's 800V architecture supports up to 420kW DC charging in its dual-motor configuration, underlining the charging-gap context into which the MY27 Model Y's improved acceleration arrives. ⁸

International coverage reinforces the L's significance in the updated range. Motor Trend's first drive of the US-market 2027 Model Y L describes a six-passenger, long-wheelbase variant with second-row captain's chairs, up to 89 cubic feet of cargo with the second and third rows folded, and a Launch Series Premium grade priced at $63,630 in the United States including destination and order fees. Car and Driver's US overview likewise highlights the L's arrival for 2027, with a stretched body offering a more spacious third row. Those US specifications and prices are not the Australian grades listed by Chasing Cars and should be read as separate-market figures. ⁷⁴

What remains unclear

Several points from the announcement remain open. Chasing Cars reports the MY27 range is open for ordering with October deliveries, but does not detail updated range, charging or equipment figures for the Australian MY27 variants beyond the acceleration and pricing changes. The company's US-specific performance claims, such as Car and Driver's 510-hp Performance output rating, relate to the American market and cannot be read across to the Australian lineup. Tesla Australia has not commented on a cheaper Model Y entry variant, with Chasing Cars noting only that none was confirmed. ¹⁴