Tesla has once again adjusted its buyer promotions, including its FSD transfer offer and 0% financing. To accompany these changes, Tesla has also made some changes to its referral program.
FSD Transfer Now Includes Cybertruck
The FSD transfer window is available for orders placed after October 9th and delivered before the end of the year. Initially, the Non-Foundation Series Cybertruck was excluded, while the Foundation-Series Cybertruck came with FSD. However, the FSD transfer offer now applies to every Tesla model with the exception of the Tesla Semi.
Keep in mind that you do not need to trade your car in for this offer. You may simply remove FSD from your current Tesla and put it on your new one. Your older Tesla will simply revert to Basic Autopilot, or you can use the monthly FSD subscription.
0% Financing Without FSD Purchase
Tesla is continuing its enticing 0% financing deal but with a few changes. Initially, this deal was tied to purchasing FSD, but the latest update removes that requirement. This offer is only available for buyers of the Model 3 and Model Y in the U.S. However, the terms vary slightly between the two models:
Model Y: 0% financing is available for up to 60 months. If buyers prefer to extend their loan, they can opt for 0.99% financing on 72-month loans. Either option requires a 20% down payment.
Model 3: 0% financing is available for 36 months. For longer loans, buyers can get 0.99% for 48 months or 1.99% for 60 months. The Model 3 also requires a 20% down payment.
While this offer is similar to the 0% financing available before, it’s great that it's no longer tied to the purchase of FSD. Users can instead choose to subscribe to the $99/month FSD plan. A 20% down payment is about $10,000, depending on the exact model and trim.
Changes to the Referral Program
With the changes to these offers, Tesla has also adjusted its referral program. Referrers will still receive a $500 shop credit for every referral, but buyer incentives have changed. Buyers will now only receive $500 off a Model 3 or Model Y instead of the previous $1,000 when using a referral code.
Buyers of the Model S and Model X will receive $1,000 off the vehicle’s purchase price, which remains unchanged. For now, the Cybertruck is excluded from the referral program.
Tesla started some of these aggressive incentives at the end of the previous quarter, but surprisingly, they’re continuing them into the last quarter of the year. Given all of its incentives, this may end up being a very good quarter for Tesla.
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Tesla has begun rolling out some map updates, including a brand new geographic area. These updates include two regional map updates, with one confirming Tesla’s entry into India and the other improving the maps in Europe.
Indian Launch
The biggest addition is a new map region for India, which was discovered by Tesla hacker Greentheonly. This move, while seemingly minor, is a prerequisite for Tesla launching vehicles in the region.
For years, discussions about Tesla’s arrival in India have focused on manufacturing plans, import duties, and retail store plans. However, the vehicles themselves must all be technically ready for the region.
This is more than just data entry; it involves integrating local points of interest, Tesla’s internal routing logic, and displaying regional road information correctly. In past market entries, Tesla has activated the necessary navigation regions in its software shortly before officially launching in a country, and just this morning, news broke that Tesla will open its first showroom in India.
On July 15th, Tesla will open its first showroom in Mumbai, marking its entry into the Indian market.
For those who have imported Tesla vehicles in advance of the official market entry, this means they will finally receive official maps and navigation support, and will likely begin receiving official software updates in the near future.
European Maps Update
In addition to the India map update, Tesla has also starting roll out a map update for Europe. The new map update for Europe is version EU-2025.14, bringing users up from EU-2025.2.
You’ll need to connect to WiFi in order to download map updates and similar to software updats, Tesla will roll them out gradually. If you want to learn more about map updates, be sure to check out our Tesla maps and navigaiton guide.
This map update will likely be fairly minor, but it should include newer roads, speed limits and more details. It could also include additional information that’s required for launching FSD in Europe.
While map updates aren’t as exciting as FSD updates or major software updates like the upcoming Grok AI update, they’re especially useful for Tesla owners who travel on new roads that may not be in Tesla’s current map version.
Tesla has officially scheduled its 2025 Annual Shareholder Meeting for Thursday, November 6, 2025. The date was confirmed in an 8-K form filed with the US Securities and Exchange Commission this week. Shareholders can expect to begin receiving official notifications by email or letter this week.
While we don’t know what, if anything, is up for vote this year, shareholders should ensure their investment accounts are linked up at ir.tesla.com if they plan to vote on upcoming proposals.
While these meetings cover standard corporate governance, they’ve also become a key venue for Tesla to share updates on its future projects.
Let’s take a look back at Tesla’s 2024 shareholder meeting to see what we can expect for 2025.
A Look Back: Shareholder Meeting 2024
The 2024 Shareholder Meeting was packed with news and updates. Some of the highlights included details on Cybercab, the first mentions of AI5, and the move of Tesla’s incorporation to Texas following the re-ratification of Elon’s 2018 compensation plan.
The 2025 meeting may provide progress updates on several key items.
First up is the final status of Elon Musk’s pay package. While it was successfully re-ratified following the 2024 Meeting, the Court of Delaware ruled against it, creating a legal situation that resulted in Tesla amending its letter of incorporation and moving to Texas.
While the messy legal situation hasn’t been completely sorted out yet, there’s a chance we could see more on this at the 2025 Meeting.
Next up is a status update on the Robotaxi Network pilot, as well as progress for Tesla’s Cybercab program. We’ve seen early prototype castings for the Cybercab outside Giga Texas, and they recently provided an updated timeline in their 2024 Impact Report. This is going to be the next big step for Tesla’s growth as it starts its Robotaxi service business.
The Tesla Semi and Tesla Energy are also two massive programs undergoing upgrades and revamps. The volume production of Semi is supposed to begin by the end of 2025, and Tesla is constantly working on expanding Tesla Energy’s manufacturing footprint to meet the never-ending demand for Megapack and Powerwall. We’re anticipating some major updates here, along with some updates on Tesla’s next-generation battery tech, including the Gen 3 Cybercell that includes dry-cathode manufacturing.
There’s a lot to be excited about - and November 6th is the day we may find out a lot about Tesla’s future products. The meeting will be a big event that we’ll cover in detail, so don’t worry, even if you miss it. We’ll have a full set of recap notes and longer in-depth articles following the event, as usual.
