Tesla Referral Program: How Much Credit Do You Get and How Does It Work?

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Buying a new electric car, especially a Tesla vehicle, can come with a pretty hefty price tag. Wouldn’t it be nice if there was a way to get a cash discount just by referring friends and family to sign up for a Tesla account or purchase a Tesla? If you have been wondering if Tesla offers referral credits of any kind, then you are in the right place to learn all about the Tesla referral program 2023. 

Tesla Referral Program 2023: How Does It Work?

With Tesla’s updated referral program, you can earn rewards after making your first Tesla solar product or electric vehicle purchase. You can also earn rewards by referring friends or family members to become a first-time customer. Here are some key takeaways:

• All current offers are listed in the Tesla app.
• Tesla spends less money on advertising so it can pass on the savings to its customers.
• Tesla offers referral links or codes for electric cars, wall connectors or solar energy systems. 
• Once you place your order, you can’t add the Tesla referral code. Make sure to add it before your purchase. 
• Be aware there are caps and restrictions to the referral program. Some to know are:
  • No used vehicles qualify for credits.
  • If your order for a solar roof or solar panels was placed last year through a referral link, it falls under the old referral program and offers.

Tesla Referral Program Benefits

Tesla referral links now include rewards like power banks, clothing, merchandise and acceleration boosts. There is a difference between the types of benefits you can get as a Tesla customer and what referral codes you can use.

• Buyer benefits: These are benefits that are only rewarded to you once as a first-time buyer.
• Loyalty benefits: These benefits reward existing customers who purchase qualifying Tesla products. These purchases must be made through their Tesla account on the app. Loyalty benefits do not require referral links. 
• Referral credits: Tesla’s referral program was updated in 2023. Here’s an example of how it works: if you refer a customer for a Tesla Model 3 or Model Y and they purchase it, you can earn around 10,000 credits. 10,000 credits roughly equals $1,000. These will be added to your Loot Box credits. You can use those credits for purchasing items on the Tesla app.

What You Can Get With Tesla Referral Credits?

As a Tesla owner, when you refer someone to make a purchase and they use your link, you can get varying rewards. These credits and rewards will stack up neatly and can be used toward Tesla Loot Box purchases. Here are some examples of what you can get with referral credits:

• Product discounts
• Credits for free Supercharging miles 
• Cash bonuses
• Merchandise and accessories

Final Take To GO 

Big ticket items such as a fully self-driving electric vehicle or a new solar panel system for your home can come with a correspondingly big price tag. If you are a Tesla customer, make sure to take advantage of the referral program. You can help your friends or family members by sending them a link if they are also looking to buy. If a referral code leads to a purchase, everybody wins.

Information is accurate as of Aug. 15, 2023.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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