The Tesla Model Y Performance is no slouch, and it’s far cheaper than the Ioniq 5 N starting at $52,490. It’s also eligible for the $7,500 tax credit, unlike the Korean-built Hyundai. In Hyundai’s defense, the Ioniq 5 comes fully equipped with 21-inch forged wheels, rear-axle e-LSD, heated and ventilated front seats, and Highway Driving Assist 2. Adding Enhanced Autopilot to a Model Y costs $6,000 while Full Self-Driving Capability (still in beta) is a whopping $12,000. Those options bring the Tesla pretty close to the price of the Hyundai.
With 455 hp on tap, the Model Y Performance is slightly slower to 60 mph at 3.5 seconds. It’s also slower flat out at 155 mph. It’s unclear how far the Ioniq 5 N will go on a charge but the Tesla can manage 279 miles with its 85-kWh battery. Hyundai touts a 238 kW peak charge speed, which can get the Ioniq from 10% to 80% charge in just 18 minutes. That’s around the same rate as the Tesla.