A pared-down Model Y might do little to lift Tesla sales. To really get people excited about the brand again, Tesla needs “actual new vehicle models,” one analyst said.

Tesla has revealed a stretched, six-seat variation of its popular Model Y mid-size electric SUV —but there’s a big catch.

Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.

Like the Model Y Dual Motor Long Range in our long-term review fleet, the UP.Fit Model Y makes 384 hp and 375 lb-ft of torque from its dual-motor, all-wheel-drive electric powertrain.

Tesla’s Model Y was the bestselling car in Turkey in June, the company said in its second-quarter earnings late Wednesday, just hours before the government hiked taxes on electric vehicles, threatening to undercut one of its fastest-growing markets.

Tesla shares plummeted as CEO Elon Musk’s promises for robotaxis failed to excite investors following another disappointing earnings report.