Tesla updates the Model Y for 2026 with a revised body, including a new front and rear design, slimmer headlights, more comfortable seats, and a new dashboard. It is also quieter inside than previous models.

It also weighs about as much as a bike. Combine the power and the weight, and you get a new unofficial power density record.

Tesla's profit plunged even as it sold a record number of cars a sign its growth engine is sputtering. BNP Paribas Head of US Autos Equity Research James Picariello says the stock still looks overvalued.

Tesla said Wednesday that its profit sank in the third quarter after it cut car prices to lift sales. Profit fell to $1.4 billion from $2.2 billion a year earlier, a drop of 37 percent, the company said. Sales rose to $28.1 billion from $25.2 billion.

Tesla's profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.