FAQ
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How does the Tesla Refer and Earn Program work?
Tesla will offer the referral program sporadically. It is a program where Tesla owners can refer others to the tesla site via a link in their account and give them $1000 off a new Tesla. No catch.
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Do you benefit from me using the link?
Yes. I will get a $500 credit in my account that I can use in the Tesla shop or on Supercharging. You save $1,000 off the cost of the car and I get $500 in credit. Win-Win!
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Do you work for Tesla?
I do not. I am just a Tesla owner.
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Does this effect any of my other tax incentives or Tesla promotions?
Absolutely not. Whether you use a referral link or not has no bearing on your federal tax credits. It also does not effect your eligibility for any of the Tesla run promotions like 0% APR.
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What if I've already paid my deposit and didn't use a code?
The deposits are non-refundable but you can still save money. First, i’d suggest reaching out to your Tesla advisor and asking if they can transfer your deposit to a new order. They typically will not but you might get lucky. If they won’t, you can always cancel your order and re-order the exact same order as before. You will lose the $250 deposit and you will have to put another $250 down but the price of your car will be $1,000 less expensive. You would still net a $750 savings. Definitely reach out to your Tesla advisor first though.
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Should I wait and see if there are better promotions coming in the future?
This is the common question when Tesla shopping. They don’t really give details of upcoming promotions and it is impossible to time the purchase just right. Tesla does an excellent job of updating its cars after purchase so your car will essentially be “future proof”. If the car makes sense for you and the numbers work, don’t wait for a better deal because there is no guarantee of one coming. Buy the car and enjoy it!