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Only Four Tesla Model S Cars Ever Stolen

Tesla owners are some of the most satisfied car owners in America, and now they have one more reason to love their Model S: They basically never get stolen. In the last three years just four of the luxury electric cars have been stolen, MarketWatch reported. Three were reported stolen last year, none in 2012 and only one was stolen in 2011. It's not like they are too rare for thieves to get their hands on. At least 20,000 were sold last year alone. The National Highway Traffic Safety Administration says cars are stolen at an average rate of about 3.56 thefts per 1,000 vehicles produced. The Model S, however, squeaks by with a 0.15 per 1,000 theft rate, making it the least-stolen vehicle in America. The second-lowest theft rate is that of the Hyundai Tucson, with 0.40 thefts per 1,000 vehicles, according to the Highway Data Loss Institute. All that technology makes the Tesla tempting, but ultimately too difficult to steal. The Model S doesn't have any locks to pick, since the car opens and starts only when its corresponding key fob is near. Sure a thief could go to the trouble of hacking the car, but once they had it there isn't much they could do with it. Most cars are stolen and parted out in chop shops, and there simply isn't a market for additional Tesla parts. Related Gallery Tesla Model S Wins Coveted 'Car Of The Year' Awards Green Weird Car News Tesla Safety Electric stolen car

Michigan Gov. Rick Snyder hasn't yet signed anti-Tesla legislation

The nation's auto dealers are taking their fight against Tesla and its direct method of selling cars to consumers to the symbolic heart of the auto industry. In Michigan, a bill that would entrench the existing dealer networks and prohibit direct car sales to buyers has passed both the state's house and senate, and awaits Gov. Rick Snyder's signature. A spokesperson for Snyder says a determination on whether he'll sign the legislation has not yet been made. "Right now, the staff is doing its due diligence and studying the bill," spokesperson Dave Murray said. Snyder has until Tuesday to act on the bill. Fighting this sort of legislation is nothing new for Tesla, which has already lost such legislative fights against auto dealers in Texas, New Jersey, Maryland and other states. "We're fighting these actions as they come up," said James Chen, vice president for regulatory affairs and associate general counsel at Tesla. While Snyder's staff said the governor has not yet made up his mind, executives from Detroit's Big Three automakers and state car dealers are some of the top individual donors to his ongoing campaign to retain the governorship. Campaign records show Martha Ford has given $10,200 to the Snyder campaign, while her brother, William Clay Ford Jr., has donated $3,400. Edsel B. Ford II has also given $3,400 to Snyder, who is in a tight race against Democratic challenger Mark Schauer. Michigan car dealer magnate Paul Alandt has donated $6,800 to the Snyder campaign. His wife, Lynn Ford Alandt, daughter of Benson Ford, has donated $6,200 so far in this election cycle. Other car dealers that have given to Snyder include: Richard Garber Jr., president of Garber Chevrolet in Saginaw, Michigan; Howard Cooper, past owner of Howard Cooper Honda in Ann Arbor; Joseph Sesi, president of Sesi Motors in Ann Arbor; Michael Savoie of Savoie Chevrolet in Troy, Michigan; John Kudner of Art Moehn Chevrolet and David Fisher of The Suburban Collection, which touts itself as Michigan's largest car dealer. All have given between $2,000 and $4,000, according to election records collected by the National Institute on Money in State Politics, a nonpartisan archive of contributions to political campaigns.

Elon Musk: Tesla Gigafactory location announcement coming late 2014

Tesla's Gigafactory is going to be a huge deal. So huge, in fact, that Tesla's not going to announce where it will be located until later this year. You may remember that, just a month ago, Tesla CEO Elon Musk said that, "The No. 1 thing is we want to minimize the risk timing for the Gigafactory to get up and running." Well, apparently getting the timing right doesn't mean rushing to get things done before they're ready. 30 percent cost decrease is "probably conservative at this point" – Elon Musk The reason Tesla needs the Gigafactory, as you may remember, is to supply packs for the company's Gen 3 car, the EV that is supposed to cost $35,000 and be able to go over 200 miles on a charge. To get down to that price point, the batteries need to be cheaper, and Musk has said that the Gigafactory should reduce the per-kWh cost of a pack by "more than 30 percent." Speaking at the annual shareholder conference this week, Musk confirmed that planning for the battery plant is "quite advanced" and that Tesla is meeting daily with Panasonic, the other partner in the deal. Panasonic was originally unsure that those kinds of cost reductions could be achieved, Musk said, "but I think they are now convinced they can." In fact, he said 30 percent is "probably conservative at this point." The Gigafactory should be up and running by the "late 2016 timeframe," Musk said, right around the time the Gen 3 car will be ready for volume production. While there will still only be one Tesla Gigafactory to begin with, Musk said that Tesla might start the process in two or three states (as opposed to just one or two, as hinted earlier). "We're probably going to do two or maybe three states all the way to creating a foundation and completing the plans and getting approvals and everything," he said. Sounds like someone wants to be ready to build gigafactories #2 and #3 in a hurry if need be. We've got more from the meeting, including videos of Musk's talk, here and here. You can read Tesla's original Gigafactory proposal here (PDF).