Tesla has launched a new promotional offer for the month of March, giving customers who trade-in their vehicles free Supercharging credits.
During Tesla’s Q4 2023 earnings call in January, the company cautioned investors to expect slower growth than the around 50% annual growth the company has experienced over the last few years. The reason behind guiding for slower growth in 2024 is because Tesla is between two major growth waves, according to Martin Viecha, head of Tesla Investor Relations.
The first wave started with the launch of the Model 3 and Model Y. Even though the Cybertruck is now officially in production, the production ramp will be slow and will not have a material affect on Tesla’s delivery figures in 2024, with the second wave to begin with the launch of the next-generation vehicle.
To help boost sales in the early part of the year the company has tried a new strategy of announcing a limited-time price cut on the Model Y, which ended this week. They are also allowing customers to transfer their unlimited Supercharging and Full-Self-Driving (FSD) Capability to new vehicles, with both offers valid until March 31, 2024.
Now that we have entered the final month of the quarter, Tesla has launched another new promotion, free Supercharging credits when trading in a vehicle.
According to a post by Tesla on X, customers who trade in a vehicle and take delivery of a new Tesla by March 31 will get 8,000km or 5,000 miles of free Supercharging.
Get 5,000 miles of free Supercharging if trading in a vehicle & taking delivery of a new Tesla by March 31 → https://t.co/OLHf6Gqimu
— Tesla North America (@tesla_na) March 2, 2024
It is important to note that this offer is not contingent on trading in a Tesla. You can trade in any vehicle and still receive the free Supercharging.
According to Tesla, the Supercharging credits are good for two years from the date of delivery. Depending on where you live and the price of Supercharging in your area, this offer is valued at around $500.
Will you be taking advantage of this offer? Let us know in the comments below.
