Tesla Introduces a Program to Purchase Lyft Drivers' Vehicles, Offering a $2,000 Incentive
Tesla has announced a new incentive program in partnership with Lyft, offering eligible drivers a combined total of up to $2,000 in benefits when purchasing or leasing a Tesla vehicle. This program is designed to make driving a Tesla on Lyft more cost-effective for eligible drivers.
Eligibility Criteria
To be eligible for this program, you must be a verified Lyft driver using a Tesla vehicle. The incentives apply to purchases or leases of Tesla vehicles, particularly the Model Y and Model 3, which are popular among rideshare drivers. Delivery or purchase typically must occur within Tesla’s promotional deadlines, such as offers active through at least September 30, 2025.
Benefits
The program offers a $1,000 Tesla credit, effectively reducing the purchase or lease cost. In addition to this, Lyft will provide a $1,000 cash bonus directly to the driver. Tesla promotions can be combined with other incentives, such as federal EV tax credits of up to $7,500, military or first responder discounts, referral codes, and lease offers starting as low as $299–$399/month depending on the model.
Leasing options with flexible down payments and mileage caps designed to accommodate rideshare drivers’ needs are also available. Furthermore, free Full Self-Driving (FSD) trial offers and free FSD transfers may be included.
How to Apply
To apply for this program, you will need to purchase or lease a Tesla vehicle directly from Tesla, selecting eligible models (commonly Model 3 or Model Y) and informing Tesla of your Lyft driver status to qualify for the program credit. You will also need to verify your Lyft driver status through Tesla’s or Lyft’s designated verification process.
Once you have taken delivery of your new Tesla, you should contact Lyft to receive the $1,000 cash bonus; this may require proof of using a Tesla for Lyft rides. Additional incentives like referral code discounts and federal tax credits should be claimed separately as applicable.
Expiration and Additional Incentives
Any unused Tesla Credits will expire after one year, except for Canadian purchases, where expiration does not apply. The Lyft incentive of $1,000 will be issued after completing 100 trips by July 13, 2025, subject to Lyft's terms.
The Lyft Driver Purchase Program is now open to all Tesla models, including the Model S, Model X, and the Cybertruck. Interested drivers can schedule a demo drive and verify their eligibility through Tesla's website.
This program follows a similar one Tesla launched with Uber in November 2024, although the Uber program is not mentioned in this paragraph. However, it is important to note that these incentives cannot be combined with certain promotions, such as the Military, First Responder, Teacher, Student, or Employee Purchase Programs.
In summary, Lyft drivers who purchase or lease Tesla vehicles can receive up to $2,000 in combined credits and cash incentives ($1,000 from Tesla plus $1,000 from Lyft), along with access to other Tesla discounts and federal EV tax credits. Eligibility requires verified Lyft driver status and purchasing/leasing during Tesla’s current offer periods. Applying involves coordinating with Tesla’s sales process and Lyft’s driver programs.
- Eligible Lyft drivers using Tesla vehicles can benefit from a combined total of up to $2,000 incentives when purchasing or leasing a Tesla vehicle, such as the Model Y or Model 3.
- To access this Lyft Driver Purchase Program, drivers must first select eligible Tesla models, confirm their Lyft driver status, and apply by following Tesla's verification process.
- Once approved, they can enjoy benefits like a $1,000 Tesla credit, a $1,000 cash bonus from Lyft, and additional incentives like federal EV tax credits and lease offers.
- This program also offers opportunities to test drive Tesla vehicles and extend free trials or transfers for Full Self-Driving (FSD) technology, although unused credits may expire within a year, except for Canadian purchases.
