Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
Auto
News18 » Auto
1-min read

Tesla to End Customer Referral Programme in February 2019

The move comes amid a larger cost-cutting effort by the Tesla.

IANS

Updated:January 21, 2019, 2:00 PM IST
facebookTwitter Pocket whatsapp
Tesla Logo
Tesla Logo. (Photo: Reuters)

Electric car maker Tesla is putting an end to its customer referral programme in February that allowed owners to give their friends a referral code to get six months of free charging via the company's "Supercharger" network. "The Tesla customer referral program will end on February 1. If you want to refer a friend to buy a Tesla and give them six months of free Supercharging, please do so before then," company owner and CEO Elon Musk tweeted earlier.

The move comes amid a larger cost-cutting effort by the electric car company. In December, the company cut prices on "Model 3" in China and last week, it discontinued the lowest-priced versions of "Model S Sedan" and "Model X SUV", The Verge reported.

"The whole referral incentive system will end. It's adding too much cost to the cars, especially Model 3," Musk added. The referral programme was launched in 2015 to turn the company's enthusiastic early adopters into real sales representatives -- where the new buyer got perks and the owner made the referral win a variety of prizes, the report said.

Recently the as part of the programme, the automaker changed the incentives to prizes for referrers and "Supercharger" access for new buyers. According to media reports, the referral programme had recently encountered problems, including unfulfilled prizes and unused codes, the report added.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Abhinav Jakhar
Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results