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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

Recharge Wrap-up: AutoNation CEO calls anti-Tesla laws unnecessary, Common Pence donates subway money

Volkswagen has presented a list of near-term technologies to improve fuel economy and decrease emissions. The list includes an addition to a coasting function in its stop-start system, a 10-speed DSG transmission and a more power-dense four-cylinder TDI engine. Volkswagen aims to be the world's most sustainable automaker by 2018 through electric mobility, improved design and increased environmental performance from internal combustion vehicles. Volkswagen also announced other technologies for increased interactivity and connectivity in its vehicles. Read more at Green Car Congress. Commence Pence is a system that allows subway riders in London to donate their unused transit money to charity. People visiting the city often load up enough on their subway card (called Oyster Card) to get them through their trip and end up with unused funds leftover. Zander Whitehurst, a British designer, has created a device that can use the card's RFID to accept leftover funds, which then get diverted to charity rather than reverting back to the agency in charge of running the subway fare system. See the video below or read more at Wired. Mike Jackson, CEO of AutoNation has called Michigan's efforts to ban Tesla's direct sales in the state "unnecessary protectionism." The statement comes as a bit of a surprise, as it dissents from the majority of auto dealers who support a franchise model, as well as laws that forbid automakers selling directly to the consumer. "If Elon Musk wants to make a mistake and go with an inefficient distribution system, that's his right as an American," says Jackson, showing he feels he has little to fear from the electric automaker. Jackson has more to say on the matter, which you can read over at Green Car Reports. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Tesla Stores Around The World View 22 Photos News Source: Green Car Congress, Wired, Green Car ReportsImage Credit: Rick Bowmer / AP Government/Legal Green Tesla Volkswagen Fuel Efficiency Transportation Alternatives Electric recharge wrapup

Tesla's Elon Musk made $1.1 billion yesterday, how about you?

Thanks to skyrocketing share prices, yesterday was a very big payday for Tesla founder Elon Musk. The already wealthy businessman added another $1.1 billion, ten percent of his net worth, to his overflowing wallet yesterday after Tesla's shares hit $248. This time last year, TSLA was trading at roughly $34 per share.
Tesla's latest jump in a year that has already seen share prices climb 65 percent is thanks to positive reports from Consumer Reports on the company's Model S electric sedan, and some kind words from Morgan Stanley about the brand's plans for a battery factory.
Despite all the good news for Tesla yesterday, not all of the $1.1 billion Musk earned came from his automotive pursuits. SolarCity, which Musk is also the largest shareholder in, saw its share prices jump 3.1 percent, as part of a 43-percent jump in 2014.