2025 Tesla Model Y has had a makeover, and it’s officially up for grabs in the U.S. This is the first major update for the electric crossover since it hit the roads in 2019, and it’s got a new name—Juniper, at least behind the scenes. Right now, there’s just one version available: the Launch Series. It’s a limited-production model priced at $61,630, which includes a $1,390 destination fee and a $250 order deposit you won’t get back. Read More Lamborghini Debuts the 907 HP Temerario in the Middle East The updated Model Y first showed up in China earlier this month. Orders have now opened in Canada and Europe, while U.S. buyers can expect deliveries to start in March. On Thursday, Tesla’s CEO Elon Musk gave fans a closer look by sharing a video of the new Model Y on X (formerly Twitter). It’s a fully loaded version with updates that signal where Tesla is taking its popular compact crossover next. Tesla Model Y Performance and Features The Model Y Launch Series is a special edition with some real muscle. It’s got a dual-motor all-wheel-drive setup and Tesla’s Long Range battery, plus a little something extra with the “Acceleration Boost.” They haven’t released the exact horsepower yet, but it’ll do 0-60 mph in 4.1 seconds and hit a top speed of 125 mph. Range depends on your wheels—320 miles with the standard 19-inch ones, or 303 miles if you go for the 20-inch upgrade. And it’s not just about numbers. The Launch Series has some exclusive touches, like unique badges on the rear liftgate, door sills, and even the puddle lamps. Inside, you can pick between an all-black or a two-tone black-and-white look. It’s packed with a 15.4-inch center touchscreen and an 8-inch display for rear passengers—plus, a 15-speaker sound system that’ll make your playlists sound epic. The front seats are heated and ventilated, and the second row reclines, so comfort’s covered. On the outside, the new front fascia and rear light bars give it a fresh face. And with a new front-facing camera, there are now eight in total, helping with visibility and Tesla’s Full Self-Driving (Supervised) system. Oh, and it’s got faster Wi-Fi too, so software updates and streaming are smoother than ever. Pricing and Options: What Sets the New Tesla Model Y Apart The Model Y Launch Series kicks off at $61,630, and Tesla has thrown in a few extras to make it stand out. You get the dual-motor AWD system and Long Range battery as standard, with a choice of four paint colors, including the bold Ultra Red. Upsized wheels? No extra charge. Want a tow hitch? That’s free too, and it can handle up to 3,500 pounds. Read More Mitsubishi May Stay Out of the Honda-Nissan Merger What’s unclear is just how many of these limited-edition models Tesla plans to build. If you’re waiting for a cheaper option, there’s good news—rear-wheel-drive and Performance versions are expected down the line. For now, though, it’s all about the Launch Series. Here’s something unusual: the older Model Y is still available. Tesla isn’t phasing it out just yet and is offering discounts while supplies last. If you compare the two, the outgoing Long Range dual-motor AWD Model Y is about $4,000 cheaper than the Launch Series. That makes it an appealing option for anyone who doesn’t mind skipping the latest updates. Source: Tesla