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Tesla Referral 1000: How to Earn and Maximize Your Tesla Credits in the USA

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John Doe
Published on:  
November 16, 2024
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Tesla Referral 1000: How to Earn and Maximize Your Tesla Credits in the USA

Tesla’s referral program allows new buyers and existing owners in the U.S. to earn Tesla credits when they purchase or refer a Tesla. Recently, Tesla reduced the referral rewards for Model 3 and Model Y purchases in the USA, while keeping higher rewards for Model S and Model X purchases. Here's what you need to know to maximize your Tesla referral credits under this updated program in 2024.

New Tesla Referral Credit Structure in the USA (2024 Update)

The recent update to Tesla’s referral program in the U.S. has introduced a reduced credit benefit for certain models. Here’s the updated structure:

  • Model S and Model X: Earn 10,000 credits ($1,000 USD) for each referral.
  • Model 3 and Model Y: Earn 5,000 credits ($500 USD) for each referral.

This means that new buyers and referrers will now receive half the credits for Model 3 and Model Y purchases compared to the higher-end Model S and Model X. This change has only been applied in the U.S., and it’s unclear if or when Tesla will make further adjustments to the program.

How to Earn Tesla Referral Credits as a New Buyer in the USA

For first-time Tesla buyers, using a referral link from an existing Tesla owner will give you Tesla credits based on the model you choose. Here’s how the referral rewards work:

  1. Visit a friend’s referral link and select a qualifying Tesla model.
  2. Purchase your Tesla (choose from Model S, Model X, Model 3, or Model Y).
  3. After your purchase, your Tesla credits will appear in the Tesla app:
    • 10,000 credits ($1,000 USD) for a Model S or Model X purchase.
    • 5,000 credits ($500 USD) for a Model 3 or Model Y purchase.

These credits can be used for Supercharging, Tesla Shop purchases, and software upgrades like Full-Self Driving.

Maximizing the Tesla Referral 1000 as a Referrer

Existing Tesla owners can earn referral credits by sharing their referral link with new buyers. For each successful referral:

  • The referrer earns 10,000 Tesla credits (equal to $1000 USD) for every new customer who uses their link to buy a Tesla vehicle.

Referrals can be made up to 10 times per year, giving referrers multiple chances to earn Tesla credits.

How to Maximize Your Referral Credits as a Referrer

As an existing Tesla owner, you can earn referral credits by sharing your referral link with friends, family, or followers who are buying a new Tesla. Here’s how much you’ll earn for each successful referral:

  • Model S and Model X referrals: 10,000 credits ($1,000 USD)
  • Model 3 and Model Y referrals: 5,000 credits ($500 USD)

You can refer up to 10 new buyers per year. For each successful referral, the credits will appear in your Tesla app under “Loot Box” after the new buyer completes their purchase.

Using Tesla Referral Credits

Once you’ve earned Tesla credits, you can redeem them for a variety of rewards. Here’s a breakdown of what you can use them for:

  • Supercharging miles: Credits can be exchanged for free Supercharging miles, ideal for road trips and daily commuting.
  • Tesla software upgrades: Apply credits toward upgrades like Full-Self Driving (FSD) or premium connectivity.
  • Tesla Shop items: Purchase accessories, apparel, and other items from the Tesla Shop.

Each credit has a value of $0.10, and credits expire 12 months from the date they’re granted, so be sure to use them before they expire.

Tesla Referral Program Eligibility and Terms

To participate in the Tesla referral program, there are a few eligibility rules and terms to keep in mind:

  • New buyers: Must be purchasing their first Tesla using a referral link to receive credits.
  • Existing owners: Can refer up to 10 new buyers per calendar year to earn referral credits.
  • Credit expiration: Credits expire 12 months from the date they’re granted.

Tesla has also implemented restrictions on certain activities. Paid advertising or incentivizing others to use your referral link is prohibited, and violations may result in disqualification from the program.

Why Tesla Adjusted Referral Benefits for Model 3 and Model Y

Tesla has not provided an official reason for reducing the referral reward for Model 3 and Model Y purchases in the U.S. However, it's likely that Tesla adjusted the referral incentives to better align with demand and to focus on encouraging sales of the higher-end Model S and Model X.

This change reflects a similar approach taken in Canada, where the Model 3 was removed entirely from the referral program while the Model Y remained eligible at full value. The Model S and Model X, as Tesla’s premium vehicles, still receive the higher referral reward, possibly to encourage more referrals for these models.

Conclusion: Maximize Your Tesla Referral Benefits with the Updated 2024 Program

With Tesla’s recent update to the U.S. referral program, it’s important to understand the new credit structure. While you can still earn up to $1,000 in credits for referring a Model S or Model X purchase, referrals for Model 3 and Model Y will now only earn $500 in credits. As a new buyer or an existing owner, taking advantage of the Tesla referral program is a great way to earn rewards that can be redeemed for Supercharging, software upgrades, and more. Be sure to share your referral link and make the most of this program in 2024!

For the latest information on the Tesla referral program, visit Tesla’s official Refer and Earn page.

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