Thinking Of Buying A Tesla With A Referral Code? You Can Forget About Getting A Discount
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has discontinued the $250 discount for new car purchases using a referral code. Instead, Model 3 and Y buyers will now receive 6 months of free supercharging and 3 months of full self-driving (FSD) capability. Model S and X buyers will get 3 months of FSD only. The change could still result in savings for new Model 3/Y owners, while referrers will continue to earn 10,000 credits per referral.
November 13, 2023 | 4:51 am
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Tesla's removal of the $250 discount and the introduction of new incentives may influence consumer purchase decisions and potentially affect sales volume.
While the removal of the $250 discount might initially seem negative, the offer of free supercharging and FSD for new buyers could be perceived as an attractive alternative, potentially neutralizing the impact on Tesla's stock in the short term. The actual effect on sales and customer behavior will depend on how much value buyers place on the new incentives.
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IMPORTANCE 60
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