If any Tesla has become ubiquitous, it’s the Model Y, the company’s most affordable SUV. Boasting a spacious cabin and enough range to make it an easy choice as a daily driver, the Model Y benefits from the company’s constant over-the-air updates aimed at making the car better than when you first bought it.

Tesla plans to launch the Performance and seven-seater variants of its best-selling Model Y later this year. The automaker is tight-lipped about what to expect, but the launch of the Model 3 Performance hints at what might change between trims.

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.

A Performance version and even a 7-seater version will be available later this year. This was announced by Tesla executives Lars Moravy and Franz von Holzhausen. What the Model Y

Tesla Model Y arrives with a sleek redesign, enhanced comfort, and performance upgrades. With new lighting and a rear screen, it's more attractive and functional than ever. But is the upgrade worth it,

"If it’s too rich for your taste, just hold on for the full range to be released later in the year!" This next-gen Tesla model is officially available — here's when it will hit US roadways first appeared on The Cool Down.