The referral program will offer a chance to win the new P90 Model X. The lucky winners will also get a chance to visit the SpaceX. Tesla’s referral program is a prime example of how it’s been keeping the Model S metal moving. In the earlier referral programs, only the owners with the most referrals were issued prizes. The $1,200 credit should be good enough in covering a major chunk of the installation cost of the EV home charging system. Tesla will even cover travel and accommodations. Unlike the Tesla factory, which conducts tours that are open to the public, the SpaceX headquarters is not open to the public.
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While Tesla doesn’t spend a dime on advertising its cars, the firm doesn’t shy away from marketing its brand. The company garners plenty of media attention already due to its technological accomplishments, and enjoys free word-of-mouth recommendations from its loyal customer base.
Simplex Trading decreased its stake in Tesla Motors Inc (NASDAQ:TSLA) by 14.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
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The article Instant Analysis: Tesla Motors Unveils Third Referral Program originally appeared on Fool.com. It seems for Tesla the focus has changed and the program is not just about boosting sales of its all-electric Model S. Unlike past iterations, the program limits these referrals to just three. Customers would really need to time the delivery of their Model S smartly in order to qualify for the program. On average, equities research analysts predict that Tesla Motors Inc will post $1.45 earnings per share for the current fiscal year. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.
