Tesla debuts promos early ahead of Q3 earnings, end-of-year push

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Tesla has launched a wide range of promotions in the U.S. and other countries in the last several days, coming ahead of the company’s third-quarter earnings call this week and as the company aims to reach its end-of-year delivery targets.

It’s not unusual for Tesla to push promotions near the end of quarters, and especially near the end of the fourth quarter. However, this year Tesla is debuting several of its promotions earlier than usual, and the sheer scope of offers available in its home market shows just how hard the company wants to deliver (pun intended) on its 2024 goals.

Tesla reported its Q3 deliveries earlier this month, effectively meeting most analyst and shareholder expectations. Now, as it faces the last few months of the year and its third-quarter earnings call on Wednesday, Tesla is offering promotions in the U.S. and elsewhere, including Full Self-Driving (FSD) Supervised transfers, zero-percent financing, and more.

Tesla publishes its Q3 2024 vehicle safety report

Tesla’s Q4 promotions in the U.S. and elsewhere

Tesla is offering several simultaneous promotions in the U.S.:

  • Zero-percent financing on Model 3 and Model Y when buyers take delivery by the end of the year.
  • Free FSD Supervised transfers on all vehicles when buyers take delivery by the end of the year.
  • The inclusion of on paid option on the Model X AWD, or free paint on the Model 3 Performance when buyers add FSD.
  • A year of free Premium Connectivity on inventory purchases when buyers take delivery by the end of the year.
  • A $1,000 discount for military members and family on all models, without bulk purchase limits.
  • Referral discounts still apply, though they’ve been reduced to $500 from $1,000.

Tesla has also launched zero-percent interest financing offers in other markets, as well as a similar FSD transfer program that recently launched in Canada. Crucially, however, some have noted that there aren’t any zero-interest financing promotions running in the North American country—though Tesla could still launch such promos in the coming weeks.

In China, Tesla also has an FSD Supervised transfer promo running, ahead of the company’s expected launch of the software in the country.

Tesla’s Q3 earnings call, and goal to reach 2023 deliveries

Tesla is largely expected to reach its goal of 1.8 million vehicles delivered total, which would be the same amount of units it delivered last year. In the first nine months of 2024, the company reported delivering 1.23 million vehicles.

The company is also likely to comment on this during its Q3 earnings call on Wednesday, as it highlights its goals for the remainder of the year. While many analysts and shareholders have expressed confidence in Tesla’s ability to reach the target, the company is definitely pulling out all the stops ahead of the last two months of the year.

Tesla China sees 13,200 new vehicle registrations in Q3’s third week

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Tesla debuts promos early ahead of Q3 earnings, end-of-year push





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Tesla publishes its Q3 2024 vehicle safety report

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Tesla has released its Q3 2024 vehicle safety report. Based on the company’s figures, Teslas that are operating with Autopilot technology tend to crash far less than the national average. 

In the third quarter, Tesla recorded one crash for every 7.08 million miles driven in which drivers were using Autopilot technology. For Tesla drivers who were not using Autopilot, the company recorded one crash for every 1.29 million miles driven. 

For context, Tesla noted that the most recent data available from the NHTSA and FHWA shows that there was an automobile crash every ~670,000 miles in the United States. This suggests that, on average, Tesla’s Autopilot technology and its driver-assist features are a notable safety system for the company’s vehicles. Elon Musk mentioned as much in a post on X, stating that “Autopilot is a “major safety improvement.” 

Despite Tesla’s growing fleet of vehicles in the United States, as well as the rollout of more advanced Autopilot features, the company’s safety results have remained quite consistent over the past quarters. Granted, in Q4 2024, Tesla recorded one crash for every 5.39 million miles driven in which drivers were using Autopilot technology, but these results were recorded during winter, when driving conditions are not optimal.

For context, Tesla recorded one crash for every 7.63 million miles driven in which drivers were using Autopilot in Q1 2024. In Q2 2024, Tesla recorded one crash every 6.88 million miles driven in which drivers were using Autopilot. 

Autopilot technology is not the only reason why Teslas are arguably the safest vehicles on the road today. Thanks to their all-electric architecture, Teslas feature a very low probability of rollover risk and occupant injury. Teslas are also very rigid, allowing vehicles to survive crashes that would otherwise be more severe in comparable vehicles. This became evident during an incident back in January 2023, when a Tesla Model Y fell off a 250-foot cliff at Devil’s Slide in California. Despite the severity of the crash, every occupant of the all-electric crossover survived. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Tesla publishes its Q3 2024 vehicle safety report





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Tesla is enabling Full Self-Driving transfer for Cybertruck: here’s the details

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Tesla is enabling the ability to transfer Full Self-Driving from a vehicle to the Cybertruck for the first time, allowing owners who purchased FSD on a car previously to transfer the suite to the all-electric pickup.

Tesla has been using the Full Self-Driving transfer to let owners move the suite from one vehicle to another as they buy new cars.

It saves them thousands, as previously, Tesla required owners to purchase the Full Self-Driving suite outright when buying a new car, which was undesired by owners who had already shelled out up to $15,000 for the semi-autonomous capability.

Over the past year, Tesla has decided to listen to owner complaints, as CEO Elon Musk’s argument that FSD is now priced at a fraction of what it will eventually be worth never truly sat well with the everyday person.

Tesla started offering Full Self-Driving transfers for the first time last year, but made them available only for a limited time. It has done enabled the ability to transfer Full Self-Driving on several occasions since then, including twice so far this year.

Tesla releases terms of Full Self-Driving transfer

However, Tesla is now taking it a step further, giving owners the ability to now transfer Full Self-Driving from a vehicle they own to the Cybertruck, something it has not previously allowed in the past.

The ability to transfer Full Self-Driving to another Cybertruck will be available until the end of the year.

Before today, owners who bought Full Self-Driving on the Model S, Model 3, Model X, and Model Y were able to transfer the suite to another vehicle in this lineup, but not the Cybertruck.

Cybertruck owners would have to purchase the Full Self-Driving suite outright once again, adding the current price of $8,000 to the cost of the vehicle.

DID YOU KNOW?

Teslarati offers accessories for your Cybertruck, all with excellent customer service and competitive pricing. Be sure to check out what we have in the TESLARATI Marketplace.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla is enabling Full Self-Driving transfer for Cybertruck: here’s the details





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