Facing declining global sales, Tesla China today rolled out a new referral incentive program for June.

Customers who purchase a Tesla through an owner referral and take delivery within June will receive an ¥8,000 ($1113.82) subsidy applicable to paid paint options. Meanwhile, referring Tesla owners get 800 Tesla credits per successful referral, up to 8,000 credits (10 referrals max).

This is Tesla’s latest in a series of 2025 promotions, including:
- Free transfer of FSD capability
- 30-day complimentary Enhanced Autopilot (EAP)
- Revamped Supercharging credits
- Limited-time ¥8,000 ($1113.82) insurance subsidy for refreshed Model 3
- 5-year zero-interest financing
These initiatives aim to counter fierce market competition.

Sales Pressure Mounts
- April 2025 China wholesale sales (including exports): 58,459 (-6% YoY), marking the 7th consecutive monthly decline.
- Domestic retail sales fell 8.6% YoY.
- Preliminary May wholesale sales (per CPCA): 61,662 (-15% YoY).
Rivals Strike Back
- NIO: 5-year zero-interest loans, minimum 20% down payment
- XPeng: “5-year zero-interest, zero down payment” offers
- IM Motors: L6 starting price slashed by ¥30,000 ($4176.82) to ¥189,900 ($26439.26)

Outlook
While Tesla’s ¥8,000 ($1113.82) referral program targets owner networks and premium paint preferences, this standalone incentive may not be enough to reverse its downtrend in China’s cutthroat NEV market, where price wars rage on.
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