Summary
- Tesla is offering double the referral money if you refer a buyer for a Model 3, Model Y, Model S, Model X, or Cybertruck
- Buyers of these vehicles get the same amount in discounts and 3 months of free Supercharging and Full Self-Driving
- Tesla provides "Tesla Credits" for referrals which can be used for Supercharging, merchandise, software upgrades, service payments, or new vehicle purchases
- The referral bonuses are capped at 10 buyers, and buyers need to take delivery before December 31, 2024
- Tesla’s increased incentives suggest a push to sell more vehicles before the $7,500 US tax credit for EVs may be removed in January 2025, potentially leading to record sales in the final quarter.
Article
Tesla is offering several incentives to boost sales in the US, including doubling referral bonuses for buyers and referrers. Buyers of certain vehicles receive discounts with a referral code, free Supercharging, and Full Self-Driving (Supervised) for 3 months. Instead of sending out checks for referrals, Tesla provides “Tesla Credits” that can be used for various purposes, including Supercharging, merchandise, software upgrades, and service payments. The offer is valid for a maximum of 10 buyers who take delivery before December 31, 2024.
The increased referral bonuses indicate a push to boost sales in the fourth quarter of the year to make 2024 a net-growth sales year for Tesla. The potential loss of the $7,500 US tax credit for EVs in January is another motivation for customers to purchase a Tesla sooner rather than later. With only two mass-market models currently available, Tesla may be facing limitations in its growth potential despite its strong sales performance. The company may need to offer additional discounts to meet production targets and overcome these growth limitations.
Despite concerns about potential growth limitations, Tesla is expected to have a record quarter of sales due to its various incentives and marketing strategies. While the company’s current sales performance is strong, future growth may be constrained due to limited product offerings. Customers are encouraged to take advantage of the current incentives and purchase a Tesla before potential changes in tax credits. The ongoing efforts to boost sales reflect Tesla’s commitment to achieving growth targets and expanding its market presence.
As Tesla continues to offer incentives and promotions to increase sales, customers can benefit from discounted prices, free Supercharging, and other perks. The company’s focus on sales growth in the US market is evident through its aggressive marketing strategies and referral programs. Customers interested in buying a Tesla are encouraged to explore the current offers and take advantage of the incentives before they expire. Tesla’s efforts to stimulate demand and drive sales reflect its commitment to achieving its sales targets and expanding its customer base in the electric vehicle market.
By offering doubled referral bonuses, Tesla aims to incentivize customers to purchase its vehicles and refer others to do the same. The increased incentives, including free Supercharging and Full Self-Driving (Supervised) for a limited period, are designed to attract more buyers and maximize sales opportunities. Customers can benefit from the current promotions and discounts available through Tesla’s referral program, which provides various incentives for both buyers and referrers. As the company strives to achieve its sales targets and maintain its position in the EV market, customers can take advantage of these offers to save money and experience the benefits of owning a Tesla vehicle.
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