In August, Tesla revamped its referral program to offer customers even more flexibility and value. Moving away from traditional credits, Tesla now provides gift cards that can be applied toward nearly any Tesla product, including new vehicles, Tesla service, and accessories.
Adjustments Following New Financing Options
This week, Tesla introduced an updated financing offer that includes 0% financing on the Model 3 and Model Y, even if you don’t buy FSD. During this time, Tesla also updated the referral program slightly for buyers. While referrers still earn $500 per successful referral, buyers now receive a $500 discount on the Model 3 and Model Y instead of $1,000 off. The Model S and Model X discounts remain unchanged, allowing buyers $1,000 off on these premium models. Although the Cybertruck was recently added to the FSD Transfer offer, it was still excluded from referrals at this time, meaning that buyers couldn’t get a discount off the truck, and referrers wouldn’t receive a referral bonus.
Cybertruck Joins the Referral Program
Earlier this month, Tesla launched the non-Foundation-Series Cybertruck, allowing buyers to buy the truck for as long as $79,990. Tesla also opened up the truck to everyone instead of only reservation holders. Now, Tesla is taking another step in aligning its vehicle incentives, and the Cybertruck joins the rest of the S3XY vehicles in the referral program in the United States.
Now, referrers can earn $500 for every Cybertruck referral, while buyers can take advantage of a $1,000 discount on their truck purchase.
Tesla’s updated referral program now applies to all vehicles, besides the Tesla Semi, which isn’t unexpected. We expect Tesla to also add the Cybertruck to the referral program in Canada in the future. Tesla owners can share their referral code with friends and family or can use it themselves when ordering a second Tesla.
