Tesla Motors will offer a $1,000 referral incentive on its Model S electric car, CEO Elon Musk said Wednesday.
Under the program, which Musk called an experiment, new buyers through Oct. 31 will get a $1,000 discount on the transaction if referred by a current owner. Those customers receive a credit for the same amount to go toward a new vehicle purchase, service or accessories.
The first current customer to make 10 referrals will also receive a free Model X, Tesla's next vehicle to be released.
The moves come as Tesla aims to make the car more affordable and boost its performance. The automaker earlier this month unveiled separate Model S developments, including a battery pack upgrade that provides additional range and a single motor version of the 70kWh Model S that costs $5,000 less than the dual motor model.