Tesla has recently updated its referral program, now called the "Refer and Earn" program. The new program aims to incentivise existing Tesla owners to refer their friends and family to purchase Tesla vehicles while rewarding them with credits that can be redeemed for exclusive awards. In this article, we will explore the key features of the updated Tesla referral program introduced in July 2023.

Equal Value Credits and Expiration Date

Under the new referral program, all credits earned have equal value and accrue under one balance. These credits can be redeemed for Tesla referral awards through the Tesla app. It's important to note that credits are only granted after the referred friend's vehicle is delivered. Credits expire 12 months from the grant date, but they can be extended by referring additional friends or purchasing qualifying products using the same Tesla account.

Increased Referral Benefits

Starting from July 7, 2023, the referral program offers increased benefits for both the referrer and the person being referred. If a friend orders a new Model 3 or Model Y using a referral link, they will receive a $750 discount on their purchase price and three months of enhanced autopilot. As the referrer, you will receive 10,000 referral credits, which is a significant increase from the previous 2,000 credits.

Cash Awards and Benefits

If you already own or have previously owned a qualified Tesla product and subsequently purchase another qualifying product using the same Tesla account, you may also qualify for cash awards and benefits. These include a $750 discount on the purchase price and three months of enhanced autopilot. It's worth noting that any referrals made before July 7, 2023, will still receive the previous referral credit of 2,000 credits upon delivery.

Who Qualifies for Referral Credits

To qualify for the 10,000 referral credits, the referred buyer must be a new member of the Tesla community, not a current Tesla owner. Existing owners attempting to order through a referral link will not be eligible for referral credits. The referral program is designed to attract new customers to Tesla and expand the community.

Redeeming Credits

Credits earned through the referral program can be redeemed for various awards. For example, you can redeem credits for free supercharging, lifestyle items such as t-shirts, accessories like wall connectors, and even upgrades such as enhanced autopilot. The availability of awards may change over time, so it's advisable to check the Tesla app for the latest options.

Conclusion

The updated program offers increased benefits for both the referrer and the referred buyer, including a $750 discount and three months of enhanced autopilot. With a range of awards available for redemption, the referral program adds an extra element of engagement and reward for Tesla enthusiasts. So, if you're a Tesla owner, don't miss out on the chance to participate in the new Tesla referral program and earn credits while helping to grow the Tesla community.