2027 Tesla Model Y Price and Specs: Performance Flagship Cut by $4,500 Amid Shanghai Sourcing Shift

Tesla Australia has updated the 2027 Tesla Model Y line-up, headlined by a $4,500 price reduction for the flagship Model Y Performance, quicker acceleration times for all-wheel-drive grades, and the rollout of 'Powershare' vehicle-to-load (V2L) hardware.

Available to configure and order from October 1, 2026, the updated Model Y Performance now starts at $84,900 before on-road costs, down from $89,400.

However, prospective buyers should note that this $4,500 sticker-price saving is partially offset by exterior paint, which is no longer bundled as a complimentary feature on the Performance and now commands up to $2,600 as an optional extra.

Quicker Acceleration, Range Revisions, and Powershare V2L

While pricing remains unchanged for the rest of the range—opening at $58,900 plus on-roads for the five-seat Model Y Premium Rear-Wheel Drive—Tesla has applied notable performance gains to its dual-motor all-wheel-drive variants.

The sprint time from 0 to 100km/h drops by half a second across both the five-seat Premium Long Range AWD (now 4.3 seconds, down from 4.8 seconds) and the three-row, six-seat Model Y L Premium AWD (now 4.5 seconds, down from 5.0 seconds). The enhanced sprint times follow Chinese-market updates that introduced a more powerful 'TL2' front electric motor. The flagship Performance retains its sub-four-second pace. In terms of efficiency, the Model Y L carries an official rating of 681km on the WLTP cycle (776km CLTC).

Across the entire 2027 line-up, Tesla has integrated 'Powershare' bidirectional charging. This allows the vehicle's high-voltage traction battery to supply electricity to external items such as camping equipment, power tools, and e-bikes. To utilize this capability, owners must purchase an optional Tesla Outlet Adapter through the Tesla Shop (listed at $145). Powershare cannot be retrofitted to pre-update models.

Powertrain and Performance Specifications

(Note: Physical exterior dimensions remain unchanged from the 'Juniper' mid-cycle platform update.)

Tesla Model Y Premium RWD & Long Range AWD (Core Features):

• Five-seat interior packaging
• Powershare vehicle-to-load bidirectional capability (requires $145 Tesla Outlet Adapter)
• Full connectivity suite and over-the-air (OTA) software update support
• Comprehensive active safety systems including autonomous emergency braking and blind-spot monitoring
• Compatibility with Full Self-Driving (Supervised) via monthly subscription

Tesla Model Y L Premium AWD (Adds over 5-seat Premium):  

• Six-seat cabin architecture configured across three rows
• Uprated 'TL2' front electric drive motor delivering 4.5-second 0–100km/h acceleration
• Extended 681km WLTP driving range

Tesla Model Y Performance AWD (Flagship Inclusions & Changes):  

• Factory production shifted from Berlin, Germany to Shanghai, China
• Exterior paint color palette updated: new Glacier Blue metallic replaces Marine Blue (optional extra up to $2,600)
• Interior upholstery refreshed: new Zen Grey cabin theme replaces previous bright white trim
• High-performance dual-motor powertrain, performance brakes, lowered suspension, and dedicated track driving software

2027 Tesla Model Y Australian Pricing

Orders for the updated 2027 line-up are open now across Australia. All figures represent Manufacturer's List Prices (MLP) and exclude statutory registration, stamp duty, and dealer delivery charges.