News
Tesla launches revamped Referral Program with credit system
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.
-->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.
-->
News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
