For reference, the actual proposal that was accepted into C++26 is [2]. It discusses performance only in general, and it refers to an earlier analysis [3] for more details. This last reference describes regressions of around 0.5% in time and in code size. Earlier prototypes suggested larger regressions (perhaps even "horrendous") but more emphasis on compiler optimizations has brought the regression down considerably.
Of course one's mileage may vary, and one might also consider a 0.5% regression unacceptable. However, the C++ committee seems to have considered this to be an acceptable tradeoff to remove a frequent cause of undefined behavior from C++.
[1]: https://herbsutter.com/2024/08/07/reader-qa-what-does-it-mea...
[2]: https://www.open-std.org/jtc1/sc22/wg21/docs/papers/2024/p27...
[3]: https://open-std.org/jtc1/sc22/wg21/docs/papers/2023/p2723r1...