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Tesla break-ins reward thieves with pricey valuables: Police reports

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Recent break-ins, frequently reported by Tesla owners in the San Francisco Bay Area on social media sites and forums have left the community wondering if Model S, Model X, and Model 3 vehicles have become a specific target for thieves. While additional safety features are being actively addressed by Tesla via over-the-air software updates, it seems part of the theft problem is related to the assumed value of items left in the pricey vehicles.

According to police reports obtained by Teslarati from the Berkeley Police involving burglarized Tesla vehicles in recent months, thieves have successfully obtained expensive valuables left inside the all-electric cars such as luxury watches, tennis equipment, laptops, iPad Pros, and even a 1.52-carat diamond ring.

The incident reports confirmed the pattern of theft behavior already noted by owner-victims online. The preferred vehicle entry was via the rear quarter window, and after the triangular piece of glass was smashed, thieves would reach in and lower the rear seats to gain access to the trunk. Based on the reports obtained by Teslarati, there was no indication of a day or time preference for the events, several even taking place in the middle of broad daylight.

Between October 2018 and early January 2019, filings with the Berkeley Police reveal that both Model S and Model 3 vehicles were being burglarized at a rate of approximately every other week in the relatively small east bay city. Nearby Oakland and San Francisco have also become hotspots for Tesla burglaries. With the city population four to eight times greater than Berkeley, the assumed total number of Tesla break-ins taking place each week becomes staggering.

Tesla has not been tone-deaf to the security issues experienced by its customers whatsoever. In fact, several security features have been implemented over the last year. In August, “PIN to drive” requiring a PIN-entry prior to vehicle operation was released in an over-the-air software update to thwart vehicle theft. In November, an Enhanced Anti-Theft device was released via the Tesla online store to monitor movement inside locked Model S and Model X cabins. Another security enhancement came with the Version 9.0 software update, which added a built-in dash cam that enabled owners to record and save footage driving footage to an external USB drive.

Despite the continuous security enhancements being worked on by Tesla, some vehicle owners have opted to create their own solutions while waiting for something more comprehensive from the manufacturer. One tech-savvy Tesla community member and DIY enthusiast, Jon Osborne, designed a 3D-printed locking mechanism that could prevent thieves from gaining access to a Tesla vehicle’s trunk – the location frequently targeted by thieves. Another 3D printed device for sale with a similar purpose called the “Drop-Lock” was designed to install into the rear seat folding levers to prevent would-be burglars from gaining easy access to the trunk via the back seats.

Finally, of course, is the coming comprehensive security solution described in several Twitter discussions by CEO Elon Musk: the Iron Man-reminiscent Sentry Mode. Sentry Mode will likely aim to attract as much attention as possible to vehicles during a detected burglary. The security feature is expected to play Bach’s Toccata and Fugue during robbery attempts.

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Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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