November 20, 2024 2:34 AM | 2 min read See Also: Lucid Forms Cross As Gravity SUV, Earnings Show Progress This initiative is part of Tesla’s strategy to achieve record vehicle deliveries in Q4 2024, targeting over 515,000 units. The offer comes amidst Tesla's efforts to boost its fourth-quarter delivery numbers. The company is also offering discounts on some inventory vehicles in the U.S. and offers in other offers in geographies including Europe. Why It Matters: Tesla’s energy segment has seen significant growth, with revenues reaching $2.376 billion in Q3 2024, marking a 52% increase compared to the previous year. This growth has led to the promotion of Michael Snyder to Vice President of Energy and Charging. The energy business achieved a record gross margin of 30.5%, with the Powerwall product seeing record deployments. In addition, Tesla is offering three months of free full self-driving (FSD) subscription and supercharging for North American buyers who take delivery of a new inventory vehicle by the end of the year. This offer extends to Tesla’s entire lineup, including the newly added Cybertruck. Tesla’s sales in China and globally are expected to set new records in Q4 2024, but may not be sufficient to avoid a decline in full-year sales. The company needs to deliver at least 514,926 vehicles in the last quarter to surpass its 2023 delivery numbers. Price Action: Tesla stock gained over 2.1% on Tuesday to close at $346. Year-to-date, the EV giant's stock has gained 39.3%, according to Benzinga Pro data. Check out more of Benzinga's Future Of Mobility coverage by following this link. Read Next: