Category: Tesla Benefits

Tesla continues insurance subsidy for Model 3 inventory in China, but at reduced amount

Customers who ordered a rear-wheel-drive version of the Model 3 that had already been produced between January 1 and January 31 will receive an insurance subsidy of RMB 6,000 yuan. The amount is lower than last month's RMB 8,000.

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Tesla offers $1,120 insurance subsidy for basic Model 3 and Model Y inventory cars in China

Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month.

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Tesla ups Model S and Model X discounts to as much as $9,600 in China

Tesla has nearly doubled the discounts for the Model S and Model X in China from what it was previously offering, after it began a promotion for both models on July 1.

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Tesla ramps up referral incentives for Model 3 and Model Y in China

sold 93,680 China-made vehicles in June, including exports, the second-highest number on record after November 2022's 100,291 vehicles.

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Tesla (NASDAQ: TSLA) has increased referral incentives in China for the Model 3 and Model Y to boost sales of the two locally produced models.

Starting July 7, Tesla owners who refer others to buy the Model 3 and Model Y will receive an upgraded benefits package, the US electric vehicle (EV) maker said today on Weibo.

The package includes a RMB 3,500 ($410) cash bonus for the purchaser, which can be used against the purchase price, and a free 90-day trial of Enhanced Autopilot (EAP) assisted driving software.

Referrals will be rewarded with 7,000 points that can be redeemed for gifts including a TeslaMic, Model Y for toddlers, or supercharging miles.

Tesla has previously run an owner referral program in China for several years, which offers 1,500 kilometers of free supercharging for both the referrer and the purchaser.

The referral program was discontinued on September 18, 2021, and reinstated on October 24, 2022, but only offered bonus points.

The upgrade to the referral bonus for the Model 3 and Model Y comes on the heels of Tesla's July 1 announcement of an RMB 35,000 to RMB 45,000 discount for the full line of Model S and Model X in China.

The Model S and Model X are not produced in China, and their deliveries here began in late March.

Tesla was also encouraging owners to recommend friends to buy the two models. If a customer buy the Model S and Model X on someone else's referral, they would receive an additional RMB 7,000 bonus, free supercharging benefits for three or six years, and 90 days of free EAP benefits. The referrer will then receive a 48,000-point bonus that can be redeemed for supercharger miles.

Tesla sold 93,680 China-made vehicles in June, including exports, the second highest on record after 100,291 in November 2022, according to data released by the China Passenger Car Association (CPCA) on July 4.

That's up 18.72 percent from 78,906 units a year ago and up 20.57 percent from 77,695 units in May.

Tesla's June sales in China and the breakdown of China-made vehicles exported are expected to be known in the coming days.

($1 = RMB 7.2439)

Tesla offers up to $6,200 discounts for Model S and Model X in China

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