Connect with us
Tesla-profile-Roadster-2-2 Tesla-profile-Roadster-2-2

News

Tesla launches revamped Referral Program with credit system

Image used with permission for Teslarati. (Credit: Tom Cross)

Published

on

Tesla’s popular Referral Program is back. As per reports from Tesla owners in the United States, the electric vehicle maker has rolled out a credit-based Referral Program that allows customers to select which rewards they wish to acquire for their referrals. The rewards range from official Tesla merchandise to in-vehicle upgrades like the Full Self-Driving suite.

Tesla’s Referral Program was a key marketing tool for the EV maker in its early years, especially as it incentivized owners to encourage their friends, family, and acquaintances to enter the Tesla ecosystem. Tesla’s initial Referral Program resulted in a wave of owners pushing the company and its products to such a point that some ended up gaining enough referrals to qualify for several free vehicles

The Referral Program was later revamped by Tesla to include a more modest set of prizes, which made sense considering that it was rolled out as the Model 3, and later, the Model Y, gained popularity. This program, which provided free Supercharging miles and some cool free items, was formally discontinued by Tesla last year

Signs that the Referral Program was making a comeback were initially reported by Tesla software tracker Teslascope last month, as the Tesla mobile app featured new text strings referring to redeeming referrals. The text strings referred to free Supercharging miles, official merchandise, and vehicle accessories. As it turned out, these reports were right on the money, as Tesla’s revamped Referral Program features these very incentives. 

A look at Tesla’s current Referral Program shows that owners can now gain credits for every referral. So far, only Tesla’s Sola Roof and Solar Panels are listed with referral credits, but it would not be surprising if an update gets rolled out to include the company’s vehicle lineup as well. The credits earned from each Solar Roof and Solar Panel referral (6,000 credits each) could then be utilized to redeem items or services through the Tesla mobile app’s Loot Box. 

Advertisement

Videos and photos shared by Tesla owners online showed that numerous items in the Tesla Shop could be redeemed through the Referral Program’s credits. Tesla’s “Let the Sun Shine” tee, for example, is worth 700 credits, while novelty items like the Tesla Sipping Glasses are 1,750 credits. Larger items like a Wall Connector are worth 6,000 credits, while a J1772 Wall Connector is worth 11,000 credits. 

Tesla’s Support Page for the new Referral Program notes that while there is no limit to the number of credits that someone can earn, the credits themselves expire 12 months from their respective grant dates. A no-return, no-exchange policy is also implemented for redeemed items. Tesla owners in the United States who wish to start gaining credits for their referrals are also advised to make sure that their mobile app is updated to the latest version, v4.14.4, so they can access the new Loot Box

Further details of Tesla’s revamped credit-based Referral Program can be viewed here

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Advertisement

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.

Advertisement
Comments

Elon Musk

SpaceX Starship just nailed something it’s never done before

SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.

Published

on

By

Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.

Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.


Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”

Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.

— TESLARATI (@Teslarati) July 25, 2026

The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.

SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.

Continue Reading

News

Tesla’s Supercharger Diner probably just secured more locations

Published

on

tesla diner
Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.

The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.

Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:

On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.

Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.

Tesla makes major change at Supercharger Diner amid epic demand

Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.

Continue Reading

Investor's Corner

Tesla short sellers win big after shares fall after earnings

Published

on

A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

Continue Reading