Brad Anderson The flagship version of the new crossover is expected to pack 510 hp like the Model 3 Performance. Tesla has fitted the prototype with basic aero covers, likely hiding upgraded brakes underneath. The refreshed Model Y’s launch will likely start with standard trims before the Performance variant. Tesla is deep into developing the thoroughly updated Model Y, and this new version of the world’s best-selling EV is shaping to be a significant upgrade over the current model. Several prototypes have been spotted in recent months, and earlier this week, a bright red model was filmed up close in Palo Alto, California. This prototype is particularly interesting because it could be the new Performance variant. Several spy videos shared to X show the new Model Y under wraps with a Tesla engineer behind the wheel. As with other recent sightings, the car has no camouflage across the sides and instead, only some black covering up the front and rear fascias. Much like the refreshed Model 3, the new Model Y will be differentiated from the model it replaces with these new fascias rather than different door skins.