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Tesla offers Model 3 Performance buyers free unlimited Supercharging in latest referral program update

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Tesla has updated the details for its latest Referral Program to include Model 3 Performance as a vehicle that’s eligible for incentives when purchased through a referral code. In addition, Tesla has extended free unlimited Supercharging to Model S and Model X purchases made between August 1 and September 16, which also includes Model 3 Performance. 

With a new Referral Program in place, owners can give five of their referrals free unlimited Supercharging with the purchase of a Model S, Model X, or Model 3 Performance. Vehicles purchased before September 16 would enjoy the full, unlimited fast-charging perk for the lifetime of the vehicle under its original ownership. After September 16, Tesla would be limiting unlimited Supercharging to one year for the Model S, Model X, and Model 3 Performance. The limits of the new Referral Program also indicate that all Model 3 Performance orders placed before August 1, 2018 would be given unlimited Supercharging, including vehicles not purchased through a referral code. This is the first time Model 3 buyers are being offered free use of the company’s global network of Superchargers.

Tesla has been rolling out a Referral Program for Model 3 owners over the past few months, though some owners were only able to receive their referral codes recently. Ultimately, the updated Referral Program features benefits designed specifically for the growing Model 3 community, but it also comes with a time limit. If the company does follow through and retires the program after September 16, it will only be a matter of time before new owners of Tesla’s vehicles, including its flagship Model S and X, would have to pay for Supercharging.

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Tesla’s introduction of rewards directly linked to the Model 3 Performance appears to be the electric car maker’s latest way of upselling the vehicle to reservation holders. Considering that the company is pushing for profitability this third quarter, every order of the Model 3 Performance, which starts at $64,000, would likely help Tesla become profitable this Q3. The Model 3, after all, has been found to the profitable, with a recent teardown and analysis of the vehicle from Detroit veteran Sandy Munro revealing that the electric car’s Long Range RWD variant exceeds 30% profit. The Model 3 Performance, being priced higher, would most likely give Tesla even more.

Apart from the introduction of free unlimited Supercharging to the Model 3 Performance, Tesla’s updated Referral Program still features much of the same perks as before. The following is a breakdown of referral awards for participating Tesla owners.

1 to 2 Qualifying Referrals

  • Signature Black Wall Connector – This item is only available under the Referral Program. Shipping started in July 2018.
  • Founders Series Tesla Model S for Kids – This item is a miniature version of the Tesla Model S, complete with working headlights, a sound system, and even a working charge port. Anecdotes from the Tesla community note that the large box of the Model S for Kids fits perfectly at the back of the family sedan with the rear seats folded down.

3 Qualifying Referrals

  • Early Access Token for Solar Roof – Customers who opt for this perk would get early access and priority scheduling for Solar Roof installations, which already begun earlier this year. This perk could be given to a friend.

4 Qualifying Referrals

  • 21” Arachnid Wheels for Model S or 22” Turbine Wheels for Model X — Wheels designed to improve the performance of the Model S and X.
  • One Week with Model S or Model X – The Teslas used for this perk could be used on a road trip. Customers who opt to not use this reward can give this to a friend.

5 Qualifying Referrals

  • Tesla Unveiling Invitation – Owners who reach five referral orders will be invited to a future unveiling event. The VIP invitation is valid for the Tesla owner and one guest.
  • Founders Series Powerwall 2 – This home battery storage unit features a unique red color scheme. 

Tesla is also extending its Race an Electric Semi Truck referral award. Just like before, the person who can get the most number of friends to sign up for Tesla’s newsletter would have the opportunity to race the Tesla Semi around the company’s test track.

Referral rewards for Tesla Solar have also been extended with the updated program. Owners could give their referrals a 5-year extended limited warranty on new solar energy system installations. One to four qualifying referrals would give Tesla owners $400 cash of $750 credit per installed referrals. Five qualifying referrals gives owners a free Founders Series Powerwall 2 battery.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Apple is developing the missing link for Tesla to get CarPlay: report

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Credit: Michał Gapiński/YouTube

A new report claims that Apple is in the process of developing what would be the missing link for Tesla to get CarPlay.

Apple and Tesla have been reportedly working together for some time to give Tesla owners the opportunity to utilize CarPlay within their vehicles. While many owners are more than happy with Tesla’s in-house UI, which is seamless, effective, and smooth, some still want CarPlay, which does have its advantages.

A report from 9to5Mac now states that a new CarPlay technology that was highlighted during the Worldwide Developers Conference (WWDC) would potentially be the bridge between Tesla and Apple. With the addition of a feature known as “Route Sharing,” which gives a navigation app the ability to share routing data with the vehicle, Tesla would be able to launch CarPlay in its vehicles, the report states.

CarPlay has not been a priority for Tesla because it has done extremely well with its in-house UI, but some drivers are just used to it. Additionally, it could improve Tesla’s subpar Navigation or offer improved app capabilities, especially with iMessage.

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Route Sharing is an intended addition to CarPlay’s iteration in iOS 26.4, which was released in March:

The addition of CarPlay would undoubtedly be welcome, but at the same time, it seems like Tesla realizes it is not of the utmost priority. There are so many things that Tesla is working on currently within its own vehicles, especially attempting to solve self-driving.

Back in February, Bloomberg had reported that Tesla was still working on bringing CarPlay to its vehicles, but it had not due to app compatibility issues and incredibly low adoption rates of iOS 26.

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This bottleneck could buy Tesla the proper amount of time to develop CarPlay for its vehicles. It would be a welcome addition, and could be brought on with either the Summer or Fall 2026 Software Updates.

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Tesla deliveries get a big boost in expectations from Wall Street

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Credit: Tesla

Tesla deliveries got a big boost in expectations from Wall Street firm Goldman Sachs, who believes the company will report some stronger-than-expected numbers when the second quarter comes to an end in the coming weeks.

Goldman Sachs has raised its vehicle delivery forecast for Tesla (NASDAQ: TSLA) in the second quarter of 2026, signaling growing confidence in the electric vehicle leader’s near-term momentum despite mixed market signals. Analyst Mark Delaney lifted the bank’s Q2 estimate to 420,000 units from a previous 405,000, surpassing the Visible Alpha consensus estimate of 400,000.

The upward revision stems from stronger-than-expected sales data across key regions. Europe stands out with projected year-over-year growth of 85-90 percent, driven by robust demand for Tesla’s Model Y and refreshed offerings. China posted high single-digit gains, while markets like South Korea and Australia also contributed positive momentum. These gains help offset mid-teens declines in U.S. deliveries through May, where broader EV market headwinds and competition persist.

Goldman extended its optimism to the full year, increasing its 2026 delivery projection to 1.73 million vehicles from 1.72 million. Longer-term forecasts remain unchanged, with 1.88 million units expected in 2027 and 1.96 million in 2028. The bank also nudged its 2026 earnings-per-share estimate higher to $1.35 from $1.30, reflecting anticipated margin benefits from higher volumes and operational efficiencies.

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Despite these positive adjustments, Goldman maintained its Neutral rating and $375 price target on Tesla shares. At current trading levels near $411, the stock sits about 8-9 percent above the target, highlighting ongoing valuation concerns even as delivery momentum builds. Tesla’s Q1 2026 deliveries totaled 358,023 units, setting a baseline for recovery expectations in the current period.

Tesla reports Q1 deliveries, missing expectations slightly

This update arrives as Tesla prepares to report official Q2 figures shortly after June 30. Investors and analysts will closely watch not only headline delivery numbers but also regional breakdowns, average selling prices, and progress on energy storage deployments and autonomous technology initiatives.

The move by Goldman Sachs underscores a broader narrative for Tesla: while legacy auto markets face softening demand and tariff uncertainties, Tesla’s global footprint and product pipeline provide resilience. Europe’s surge reflects pent-up demand and policy support for EVs, while China’s steady growth highlights Tesla’s competitive positioning against local rivals.

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Tesla still has its work cut out for it, including U.S. price sensitivity and intensifying competition. Yet Goldman’s revision adds to a series of analyst notes suggesting Q2 could mark a turning point. As Tesla pushes toward higher production rates at facilities in Fremont, Shanghai, and Berlin, sustained execution will be key to validating these higher forecasts.

We have said numerous times that deliveries are becoming a less important metric in the grand scheme of things, as AI truly takes precedence in the company’s thesis.

For Tesla bulls, the Goldman note reinforces faith in underlying demand trends. For skeptics, the unchanged rating serves as a reminder that delivery beats alone may not immediately resolve valuation debates in a high-interest-rate environment. Tesla’s stock reaction will likely hinge on the official numbers and management commentary in the coming weeks.

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SpaceX makes first acquisition post-IPO with coding leader Cursor

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Credit: SpaceX

SpaceX has exercised its option to acquire Cursor, the innovative AI coding company, in an all-stock transaction valued at $60 billion. The deal, announced on June 16, marks a significant step in SpaceX’s expansion into advanced artificial intelligence, building on months of close collaboration between the companies.

Cursor, officially operated by Anysphere, Inc., is an AI-native code editor and coding agent designed to transform software development. Founded in 2022 by a group of MIT graduates in San Francisco, Cursor builds on the familiar foundation of Visual Studio Code but integrates powerful AI capabilities directly into the core experience.

Unlike traditional code editors or simple extensions, Cursor functions as a full “coding agent” that turns natural-language instructions into actionable code.

Developers interact with Cursor through features like its Composer agent, which can search entire codebases, edit multiple files, run terminal commands, debug issues, and complete complex multi-step programming tasks autonomously.

Users describe high-level goals, such as “build a scalable API endpoint with authentication,” and the AI plans, implements, tests, and refines the solution while the human oversees decisions. Additional tools include advanced autocomplete (Tab), context-aware chat, and infrastructure for handling billions of daily requests.

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The platform has gained considerable traction, surpassing $3 billion in annual recurring revenue by early 2026 and earning adoption by over half of the Fortune 500 companies. Its agentic approach accelerates development dramatically, allowing engineers to focus on architecture and creativity rather than repetitive coding.

The acquisition integrates Cursor’s leading product, expert team of roughly 300 engineers, and distribution network among top software developers with SpaceX’s unparalleled computational resources. SpaceX’s Colossus supercomputer, equivalent to a million H100 GPUs, has already powered joint training of next-generation models. These models are expected to launch soon within Cursor and SpaceX’s Grok Build environment.

This combination positions SpaceX to develop the world’s most capable AI systems for coding and knowledge work. Access to Cursor’s real-world usage data from millions of professional developers provides unparalleled feedback loops for model improvement. Training on Colossus enables rapid iteration on massive datasets, potentially creating AI that outperforms current leaders in reliability, context handling, and complex reasoning.

For SpaceX, the benefits extend far beyond software tools. Rocket engineering, satellite constellation management, autonomous flight systems, and Starship development involve millions of lines of highly specialized, safety-critical code.

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Cursor’s AI agents, supercharged by proprietary models trained on SpaceX’s domain expertise, could slash development timelines, reduce errors, and enable faster innovation cycles. This vertical integration of AI tooling strengthens SpaceX’s competitive edge in both aerospace and the broader AI race, complementing its xAI initiatives.

The deal reflects the exploding value of AI-native developer platforms. By owning Cursor outright, SpaceX secures a strategic talent pool and product pipeline that will accelerate internal projects while potentially offering enhanced tools to the wider engineering community. As AI continues reshaping software creation, this acquisition underscores SpaceX’s commitment to leveraging cutting-edge technology for ambitious goals, from Mars colonization to global connectivity.

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