Technology NewsTechnology NewsTechnology News
  • Computing
  • AI
  • Robotics
  • Cybersecurity
  • Electric Vehicle
  • Wearables
  • Gaming
  • Space
Reading: Tesla Introduces New Referral Program with Cash Incentives
Share
Font ResizerAa
Technology NewsTechnology News
Font ResizerAa
Search
  • Computing
  • AI
  • Robotics
  • Cybersecurity
  • Electric Vehicle
  • Wearables
  • Gaming
  • Space
Follow US
  • Cookie Policy (EU)
  • Contact
  • About
© 2025 NEWSLINKER - Powered by LK SOFTWARE
Electric Vehicle

Tesla Introduces New Referral Program with Cash Incentives

Highlights

  • Tesla launched a new referral program with financial incentives.

  • First ten referrals get $1,000 off; referrers earn $500 in rewards.

  • Program accessed through Tesla's mobile app; details on Tesla's website.

Kaan Demirel
Last updated: 25 August, 2024 - 5:58 am 5:58 am
Kaan Demirel 10 months ago
Share
SHARE

Tesla has unveiled its latest referral program, aiming to incentivize both new and existing customers through direct financial rewards. The updated scheme replaces the previous referral system, which the company discontinued earlier this year. The new structure seeks to streamline the rewards process and make it more appealing to a broader range of customers.

Contents
New Referral System DetailsCompany Statements and Future Plans

Earlier versions of Tesla’s referral program had undergone multiple revisions, primarily focusing on a credit-based reward system. This older model enabled referrers to accumulate points that could be exchanged for Tesla products and services. In contrast, the newly launched program offers immediate, tangible rewards in the form of monetary discounts and gift cards, potentially simplifying the engagement process for participants.

New Referral System Details

On Saturday, Tesla launched the new referral program via its mobile app. The revised program eliminates referral credits, replacing them with gift cards redeemable for products such as merchandise and Supercharging services. The first ten individuals to use a person’s referral link will receive a $1,000 discount on the purchase of a new Tesla vehicle. Referrers, in turn, will earn $500 that can be used towards Supercharging, merchandise, service payments, or even a new car.

Users can access the new referral program through Tesla’s mobile app v4.36.1. More details about the referral process are available on Tesla’s official website. Additionally, those who purchase through a referral link will get a chance to attend upcoming Tesla events, adding an experiential reward to the financial incentives.

Company Statements and Future Plans

Earn $500 by giving anyone $1000 off a new Tesla

Elon Musk had indicated earlier this year that Tesla was working on a new referral program, while also addressing the cost implications of such schemes. During the company’s Annual Shareholders Meeting in June, Musk affirmed that the referral program would be revisited to assess its impact on car prices and customer benefits. The overhaul aims to strike a balance between incentivizing referrals and maintaining competitive pricing.

The previous referral program allowed customers to earn 7,500 credits per referral, down from an earlier offer of 10,000 credits. These credits could be redeemed for various Tesla-related services and products. Over the years, Tesla frequently adjusted the benefits to better align with market conditions and customer feedback.

The new referral program’s emphasis on direct financial rewards marks a shift from the credit-based system, possibly making it more attractive to potential buyers and referrers. As Tesla continues to innovate its marketing strategies, the success of this new program will likely influence future approaches.

You can follow us on Youtube, Telegram, Facebook, Linkedin, Twitter ( X ), Mastodon and Bluesky

You Might Also Like

Tesla Update Lets Drivers Easily Unlatch Third-Party Chargers

Tesla Seeks to Protect Crash Data as Robotaxi Launch Nears

Tesla Faces Growing Pressure as Fans Demand Full-Size SUV

Lucid Targets Tesla Owners With $4,000 Trade-In Incentive

Tesla Model Y Drives Strongest Sales Month in Australia

Share This Article
Facebook Twitter Copy Link Print
Kaan Demirel
By Kaan Demirel
Kaan Demirel is a 28-year-old gaming enthusiast residing in Ankara. After graduating from the Statistics department of METU, he completed his master's degree in computer science. Kaan has a particular interest in strategy and simulation games and spends his free time playing competitive games and continuously learning new things about technology and game development. He is also interested in electric vehicles and cyber security. He works as a content editor at NewsLinker, where he leverages his passion for technology and gaming.
Previous Article Scientists Explore Quark Matter in Neutron Star Mergers
Next Article Wordle Fans Seek Clues for August 25 Puzzle

Stay Connected

6.2kLike
8kFollow
2.3kSubscribe
1.7kFollow

Latest News

Players Tackle Challenging Wordle Puzzle as ‘EDIFY’ Emerges
Gaming
U.S. Authorities Seize $7.7M Linked to North Korean Crypto Laundering
Cybersecurity
23andMe Faces New Ownership Battle as Higher Bid Triggers Fresh Auction
Technology
Sean Cairncross Outlines Cyber Coordination Plans to Senate Panel
Cybersecurity
Simbe Rolls Out Inventory Robots at DeCicco & Sons Stores
Robotics
NEWSLINKER – your premier source for the latest updates in ai, robotics, electric vehicle, gaming, and technology. We are dedicated to bringing you the most accurate, timely, and engaging content from across these dynamic industries. Join us on our journey of discovery and stay informed in this ever-evolving digital age.

ARTIFICAL INTELLIGENCE

  • Can Artificial Intelligence Achieve Consciousness?
  • What is Artificial Intelligence (AI)?
  • How does Artificial Intelligence Work?
  • Will AI Take Over the World?
  • What Is OpenAI?
  • What is Artifical General Intelligence?

ELECTRIC VEHICLE

  • What is Electric Vehicle in Simple Words?
  • How do Electric Cars Work?
  • What is the Advantage and Disadvantage of Electric Cars?
  • Is Electric Car the Future?

RESEARCH

  • Robotics Market Research & Report
  • Everything you need to know about IoT
  • What Is Wearable Technology?
  • What is FANUC Robotics?
  • What is Anthropic AI?
Technology NewsTechnology News
Follow US
About Us   -  Cookie Policy   -   Contact

© 2025 NEWSLINKER. Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Register Lost your password?