HERE’S HOW THE NEW TESLA REFERRAL PROGRAM CAN HELP YOU SAVE MONEY ON YOUR NEXT RIDE!

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This video provides a clear, albeit informal, explanation of Tesla's reinstated referral and loyalty program. The host, Dave, breaks down the current point system for referrals, detailing how owners earn points for new vehicle purchases (20,000 for Model S/X, 10,000 for Model 3/Y) and how these points can be redeemed for Supercharging miles or performance upgrades. He highlights the program's recent changes, including the reduction in points for Model 3/Y and the introduction of a five-referral cap per year, which he finds disappointing as he's already near his limit. The video also covers benefits for new buyers, such as $1,000 off Model S/X or $500 off Model 3/Y, plus three months of Full Self-Driving (FSD). Dave praises Tesla's marketing strategy, emphasizing how these referral incentives drive demand without altering base pricing, particularly noting the zero cost to Tesla for software-based performance upgrades. He speculates on future program changes, like potential returns of free Supercharging or enhanced FSD offers for the upcoming Model 3 'Highland' refresh.