Tesla may not do traditional incentives, but this does not mean that it cannot come up with ways to attract customers other than price cuts. According to Tesla’s website, the company has been providing three months of free charging for the purchase of the Model 3 in stock on its Supercharger Network. These cars must be delivered in the United States and Canada by June 30 to get the deal.
Although Tesla has been keen to deliver as many cars as possible in recent quarters to increase its quarterly delivery, there seems to be another reason for Tesla’s reduction of Model 3 inventory at this time.
It is reported that the Model 3, code-named “Highland”, has been rumored to have been updated for some time, and the car is expected to be unveiled soon. It is reported that CEO Elon Musk intends to release an updated Model 3 during his trip to China earlier this month.
The free super charging reward was introduced after the U.S. federal government said that all Model 3 decoration levels are eligible for a full $7,500 electric vehicle tax credit. Previously, the basic Model 3 rear-wheel drive (RWD) received only half of the subsidy, which may be due to the key minerals of the battery or the place where the battery component was manufactured.
Model 3 is not the only Tesla car that gets free super charging rewards. Tesla provides three years of free super charging station charging for the newly purchased high-end Model S and Model X vehicles, provided that the delivery must be carried out before June 30.
After Tesla reached two major charging deals, Tesla began to provide super charging incentives, which may make its NACS (North American Charging Standard) connector the default standard in the United States. The latest deal was reached late last week, when GM announced that it would join hands with Tesla to use its super charging network and use adapters from next year. By 2025, GM expects that its electric vehicles will have built-in Tesla’s NACS connector, which means that GM’s cars will be able to directly use Tesla’s super charging station.
GM’s move came two weeks after Ford announced a similar partnership with Tesla to enable Ford to access Tesla’s charging network.
Coincidentally, Tesla’s stock has been soaring in the past two weeks, with a record 13-game winning streak that ended on Wednesday. In that short period of time, the market value of Tesla shares increased by $240 billion.
Post time: Jun-21-2023