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Tesla has revamped its referral program in North America, shifting to a system allowing current Tesla owners to use their Tesla referral code to earn “loyalty points” that can be spent on various Tesla products.

The newest iteration referral program gives “credits” to both the buyer and referrer of a product, with a scaling amount of credits depending on the product purchased. The credits are only given to both buyer and referrer if the buyer is not a current Tesla customer – if they are a current customer, then they will earn their own “loyalty credits” but won’t be able to use a referral code.

Tesla’s referral program page lays out the specifics, with further information available in the Tesla app’s “loot box” section.

So far, the only products that qualify for credits are Tesla solar panels and the Tesla solar roof, both of which give 6,000 credits each.

The page does say “earn credits upon delivery of your car or activation of your solar system,” which suggests that cars may be added to the page at some point. We’re not sure how many credits they will generate if they do get added to the program. While Tesla’s referral program was ended last year for cars, cash rewards for solar referrals continued and were active up until yesterday, when Tesla revamped the program to give out credits instead of cash.

tesla referral code

Those credits can then be spent on other Tesla products, though they expire after 12 months if not spent. The products are a selection from those on Tesla’s online shop, including both useful accessories for Tesla owners and some of the more “meme” products like Tesla’s short shorts or bizarre sipping glasses.

Here’s a complete list of products available:

The prices don’t seem to map proportionally to the prices of the real-life items (for example, the Wall Connector is $400, and J1772 Wall Connector is $550), but it looks like the value of a single solar roof referral is about the same as it was in the previous version of the program – in the range of a few hundred dollars.

We’ve expected something to happen with the referral program for a little while now, reporting last year that Tesla was considering changes to the program and then finding out last month that Tesla had updated the mobile app with new referral program info.

Last month, Tesla launched a new “points rewards” program in China, which turns out to be very similar to these new changes to the referral program. China also gets quarterly and annual raffles, which seem to be missing from the North American program. And Europe does not seem to have a similar referral program update as of this moment.

Tesla originally spawned the referral program after requests from Tesla fans who wanted to be rewarded for the number of friends they had converted to driving electric. In the early days of Tesla and EVs, word of mouth from EV fans was very effective at selling cars, particularly given the number of questions that prospective buyers might have about a new technology.

The referral program started off with $1,000 in “Tesla credits” for each use of an owner’s Tesla referral code. Those credits could be used on service and Tesla products, and then later Tesla started to offer various prizes like wall connectors, wheel sets, Tesla-branded luggage, and even sending your photos into space. It was modified many times, but eventually got a little out of control and Tesla killed off the program after they ended up promising over 80 next-gen Roadsters to top referrers.

The program was then scaled back to offer 1,000 free Supercharger miles to buyers and referrers, and most recently only consisted of a cash reward for solar roof referrals.

As of now, it looks like Tesla has mostly just modified the existing program of cash rewards for solar installations, but it’s clear that they have more planned given the “car” verbiage on their referral pages.

Electrek’s Take

This is interesting timing, considering Tesla has recently drastically scaled back its solar operation. We’ve received several reports of projects being cancelled and Tesla claiming they are shutting down operations, even in some popular markets, just in the last few weeks. So it seems like an odd time to revamp a system for solar referrals.

But this isn’t just about solar, is it? It seems clear that the program is intended to include cars at some point; they’re just not on there yet.

The introduction of the referral program in China coincided with a price drop in the region, suggesting that Tesla was looking to shore up demand after a few years of continual price hikes across the lineup and around the globe.

While we haven’t seen a price drop in the US (and don’t necessarily expect one), this could still be a way that Tesla is prepping to shore up demand on certain products, by adding them to the referral program when or if they see a need.

As for how we feel about it – this does seem a little more robust than the previous programs. Instead of a maze of ever-changing prize tiers, some of which were worth large amounts and took forever to deliver and some of which never materialized, we now have a clearer list of readily available products that have some monetary value but not enough to make referrers feel like total shills when recommending Tesla vehicles.

One of the issues with the original program, in my mind, was that it turned previously innocent EV evangelism into a method for personal profit, thus making it seem that word-of-mouth advocacy was being done for monetary gain, rather than honest recommendations from EV fans. It threatened to make EV fans seem like commissioned car salesman rather than genuine and honest advocates.

Now, there’s still a sense of monetary gain here, but it’s more like a perk – a few T-shirts, some supercharger miles, or a spare charging connector for each use of a referral code. It’s not as overwhelming as the idea that someone could earn a several thousand dollar Powerwall system or potentially even a supercar after hawking a Tesla to their friends.

So it seems like an improvement, but we’ll have to wait to see how it all shakes out, and whether Tesla adds other products to the program.

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Tenways AGO T mid-drive e-bike at $2,399 low, DJI Power 2000 station hits new $999 low, EcoFlow 48-hour flash sale, tools, more

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Tenways AGO T mid-drive e-bike at ,399 low, DJI Power 2000 station hits new 9 low, EcoFlow 48-hour flash sale, tools, more

Today’s Green Deals are headlined by the low price on Tenways’ AGO T Premium Mid-Drive Urban e-bike that comes with a free front carrier ($50 value) for $2,399, among other models seeing discounts during this sale. We also spotted DJI’s recently released Power 2000 Portable Power Station hitting a new $999 low, as well as EcoFlow’s latest four 48-hour flash sale offers that include two power stations, a WAVE 3 bundle, and a DELTA Pro 3 expansion battery at up to 53% off starting from $1,199. From there, we have Greenworks’ 40V 20-inch Cordless Pole Hedge Trimmer kit at its $114 low alongside the Worx Aerocart 8-in-1 Yard Cart down at $169.50. Plus, there’s all the hangover Prime Day savings in our Prime Day Green Deals hub at the bottom of the page, as well as yesterday’s EcoFlow phase 3 Prime Day Sale, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Tenways AGO T mid-drive e-bike with a 62-mile range and $50 in free gear at $2,399 low in latest sale

Tenways has launched a new Summer Sale that is taking up to $600 off its e-bike lineup while also offering an additional $300 savings when buying two models together. Among the offers this time, we’re seeing the lowest price to date continuing on the AGO T Premium Mid-Drive Urban e-bike for $2,399 shipped while also getting a free front carrier valued at $50. Normally, this higher-end model would cost you $2,699 at full price, which we saw brought down to the $2,399 low for the first time during the brand’s July 4th Sale. Now you’re getting another chance at that $300 markdown here while the savings last, dropping the costs back to the best price we have tracked. As always, there is an extra $150 savings available for medical providers, first responders, military personnel, and teachers with verification through ID.me on any of the e-bikes’ landing pages.

Aside from Tenways’ new CARGO ONE e-bike that recently released, the AGO T Urban e-bike is the highest-end of the brand’s models, cruising into view with a Bafang M420 mid-drive motor coupled with a 504Wh battery to provide up to 62 miles of pedal-assisted travel at up to 20 MPH top speeds. It shouldn’t be surprising that this premium model also comes with a superior torque sensor to support its PAS capabilities, with the settings controlled via the TFT LCD color display screen.

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There’s plenty of high-quality features you’ll be getting here too, like a hydraulic front lockout fork, the hydraulic disc brakes, puncture-resistant tires with fenders over each, a Gates CDX carbon belt drive, an Enviolo stepless shifting hub, an integrated rear cargo rack, integrated front and rear lighting, a suspension seat post, and more. There are even connectivity options through its companion app, the standout of which is the ability to cast directions from your phone onto the bike’s display for more seamless navigation.

If you want to check out the full lineup of e-bike deals that we’re seeing in this current sale, be sure to check out our original coverage here.

DJI Power 2000 Portable power station

Score DJI’s latest Power 2000 2,048Wh LiFePO4 station with $900 savings at a new $999 low

By way of its official Amazon storefront, DJI is giving folks a lower-than-ever price on its new Power 2000 Portable Power Station at $999 shippedafter using the promo code DJIPOWER2000 at checkout. This model was just released at the top of the month, with it waiting no time before dropping from its original $1,899 price tag to $1,299, which held out all of last week until falling to $1,099, with the promo code taking things even further. You’re looking at a combined 47% markdown that gives you $900 off its tag, landing it at a new all-time low price. You can also alternatively pick up its Power 1000 predecessor at $549 shipped right now, after redeeming the on-page coupon.

If you want to learn more about this all-new backup power solution, be sure to check out our original coverage here.

EcoFlow DELTA Pro power station

EcoFlow flash sale takes up to 53% off two power station offers, a WAVE 3 bundle, and an extra battery starting from $1,199

As part of its ongoing Phase 3 Prime Day Sale, EcoFlow has launched the next 48-hour flash sale through July 16, with four units getting up to 53% discounts to some of the best prices we have tracked. Among the two power station deals, you’ll find the brand’s DELTA Pro Portable Power Station with a free protective bag at $1,749 shipped, with the extra savings unfortunately not applicable here. Priced at $3,699 in full, we regularly see it down between $1,799 and $1,999, especially at Amazon, where it’s currently sitting $50 higher in price. While we have seen it go as low as $1,694 in the past, you’re still looking at a larger-than-normal 53% markdown off the going rate, giving you $1,950 in savings and landing it $55 above the all-time low. Head below for more on this unit and the others we’re seeing included in this flash sale.

If you want to learn more about this power station or the other units included in this flash sale, be sure to check out our original coverage here.

Greenworks 40V 20-inch Cordless Pole Hedge Trimmer

Cover hedge jobs with this Greenworks 40V 20-inch pole trimmer at $114 low

Amazon is offering the Greenworks 40V 20-inch Cordless Pole Hedge Trimmer for $113.99 shipped. Coming down from its usual $170 pricing, where the brand’s direct website currently has it listed, we only saw discounts in 2025 dropping costs to $140 until this past week, when Prime Day brought it lower than ever to the rate that is continuing into this week. You’re looking at a $56 markdown to the best price we have tracked and giving you the chance to save big while Prime Day benefits linger.

To learn more about this lawn care solution’s capabilities, be sure to check out our original coverage here.

Worx Aerocart 8-in-1 yard cart

Tackle yard work with 8-in-1 versatility using Worx’s transforming Aerocart at $169.50

Amazon is offering the Worx Aerocart 8-in-1 Yard Cart at $169.50 shipped, which comes in $0.50 under the current Best Buy Deals of the Day pricing. Usually going for $200 to $230 at full price, we’ve mainly seen it in 2025 keeping near $173, with it more recently keeping down between $169 and $170 at the lowest. While it’s fallen lower in the past, those rates haven’t reappeared this year at all, with today’s deal being a solid $60.50 markdown at the second-best price of the year – just $0.50 above the annual low.

If you want to learn more about this handy yard cart, be sure to check out our original coverage here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Range Rover’s first EV looks the part, but with a few surprises

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Range Rover's first EV looks the part, but with a few surprises

Range Rover’s first electric SUV will finally arrive later this year. Ahead of its official launch, early reviews show the upcoming EV stays true to the Range Rover heritage, but there are a few things you should know.

Range Rover will launch its first EV later this year

Since launching its first vehicle 55 years ago, the Range Rover brand has become an iconic symbol of off-road capabilities, elegant design, and luxurious interiors.

With its first all-electric SUV due out later this year, Range Rover promises it will “refine and craft the epitome” of the luxury brand.

Although Range Rover is currently putting the electric SUV through “the most intensive testing” any of its vehicles has endured, Autocar got their hands on a prototype for an early review.

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The Range Rover Electric may look like the iconic SUV we’ve grown to love, but with an electric powertrain, it offers even more.

“A Range Rover more calm and assured, almost regardless of circumstance, than any in its 55-year lineage. Electrification yields a lot, but sacrifices little,” Matt Sanders, Autocar’s chief car tester, said after driving the prototype.

Range-Rover-first-EV
Range Rover Electric testing in Sweden (Source: JLR)

Based on the MLA platform, the electric SUV features JLR’s new in-house powertrain. The dual-motor setup packs a combined 542 hp and 627 lb-ft of torque.

The EV draws power from a massive 118 kWh battery, which is expected to deliver around 300 miles of real-world range. Sanders said he had about 160 miles of range remaining at half charge during the review.

Range-Rover-first-EV
Range Rover Electric SUV prototype testing (Source: JLR)

However, even JLR’s engineers admit that due to the SUV’s (not so) aerodynamic profile, 300 miles may be optimistic during longer-range highway driving. The engineers highlighted that the vehicle’s 800V architecture offers some of the fastest DC charging speeds on the market.

The electric SUV can also tow over 7,700 lbs (2.5 tons). Although this is less than the current Range Rover’s 3.5-ton towing capacity, it’s still on par with other luxury SUVs, such as the Mercedes G-Class.

Range-Rover-first-EV
Range Rover Electric prototype (Source: JLR)

To add more power, more motors, and bigger batteries would be required, according to Simon Fairbrother, Range Rover’s Chief Program Engineer.

Inside, the cabin is nearly identical to that of the current Range Rover SUV, featuring a plethora of digital screens and physical buttons in front of the driver. If anything, the only thing that could be changed is that the “Range Rover Electric deserves bigger heating and ventilation controls than other derivatives,” Sanders wrote.

Range-Rover-first-EV
Range Rover Electric prototype testing (Source: JLR)

JLR’s new in-house thermal management system (ThermAssist) is about 40% more efficient than the system of the Jaguar I-Pace, its first all-electric vehicle.

Range Rover’s first E will be offered in standard and long wheelbase variants. The extended wheelbase model will be about the same size as the outgoing Range Rover SUV, but it’s expected to still include enough second-row space to take it into “Bentley or Rolls-Royce territory for sheer lounging space.”

Range-Rover-first-logo-EV
JLR reveals new Range Rover logo (Source: JLR)

Since Autocar only drove the vehicle at speeds under 20 mph, we’ll have to wait to hear more about on- and off-road performance.

Sanders did mention that “the Range Rover Electric can simply ease itself up, down, over and around everything before it inspires incredible confidence in its capabilities” while driving through forest racks.

We will learn the prices closer to launch, but JLR is reportedly aiming for a price around the same as the V8 Autobiography, at just under £150,000 ($200,000).

Range Rover’s first EV has already secured over 61,000 clients on the waitlist ahead of its upcoming debut. JLR also revealed the luxury brand’s first logo, which we could see debut on the new electric SUV.

Source: Autocar

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Circle stock drops after House blocks key procedural vote on stablecoin legislation

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Circle stock drops after House blocks key procedural vote on stablecoin legislation

Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025.

NYSE

Circle shares slid on Tuesday after the U.S. House of Representatives failed to clear a key procedural hurdle that would have teed up votes on long-awaited crypto-related bills.

The move dealt a major setback to the digital asset industry, which had framed this week as a turning point for regulatory clarity in Washington, D.C.

Circle, the stablecoin issuer that’s soared in value since its public market debut last month, fell about 5% after the vote. Crypto exchange Coinbase and bitcoin miner MARA Holdings both slipped about 2%.

Even after Tuesday’s drop, Circle shares are still up more than sixfold from their IPO price. The company is the issuer of USDC, the second-largest dollar-pegged stablecoin, with about 24% of the global market. Circle didn’t immediately respond to a request for comment.

The legislation, including the GENIUS Act, would mark the first time the U.S. sets federal rules for stablecoins, a $260 billion corner of the crypto market that underpins most digital asset trading. The bill establishes full-reserve requirements, mandates monthly audits, and creates a path for private companies to issue regulated digital dollars under the blessing of the U.S. government.

The GENIUS Act passed the Senate last month, a milestone for both the crypto industry and for President Donald Trump, who has pushed to align his administration with digital asset innovation. It also marked a win for the industry, which spent more than $245 million in the 2024 cycle to help elect what’s now seen as the most pro-crypto Congress in U.S. history.

Treasury Secretary Scott Bessent has said the market for U.S. stablecoins could grow eightfold to more than $2 trillion in the coming years if this bill is enacted. White House AI and crypto czar David Sacks had predicted it could unlock “trillions” of dollars in demand for U.S. Treasury notes virtually overnight.

The vote came just hours after Fairshake, the crypto industry’s most powerful PAC, disclosed $141 million in cash on hand as it fights for regulatory victories and backs pro-crypto candidates heading into the 2026 midterms. The committee didn’t provide a comment for this story.

House leadership is tentatively planning a second vote as early as Tuesday evening, though it’s unclear whether the rule or bill text will be modified to satisfy holdouts.

WATCH: Stablecoin showdown moves to the House after Senate clears crypto’s landmark bill

Stablecoin showdown moves to the House after Senate clears crypto’s landmark bill

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