Tesla often introduces new products with a “Launch Edition,” which typically features unique upgrades and options exclusive to the first 1,000 or so vehicles off the production line. The new Model Y’s Launch Edition costs $59,990, which is $4,000 more than a similarly equipped Long Range All-Wheel Drive model.

The Tesla Space. Tesla Model S Plaid Plus Update + More Tesla News! Posted: February 13, 2025 \| Last updated: February 13, 2025. More for You

The Model Y is also seven inches taller and two inches longer overall. Both vehicles seat 5, but rear passengers will be far more comfortable in the Model Y. If you really need to pack people in, the Model Y Long-Range AWD model has a third-row option for two extra seats.