The update is the first major revamp for the Model Y since the electric compact crossover's debut in 2019. The most noticeable change is the new styling, which features a chiseled front end with a light strip that matches the design of the Cybercab robotaxi. A light strip also replaces the separate brake lights found on the current Model Y.

Model Y inventory is drying up after Tesla went on a year-end pricing tear. The EV world, meanwhile, is eying the Juniper refresh.

Tesla Model Y has been spotted in the wild without any camouflage, giving us our best look yet at the new design.