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Tesla Model 3 used by Police Department reveals massive financial savings

Credit: Facebook/Westport Police Department

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The Westport Police Department in Connecticut has released a new financial analysis that is showing massive savings, as anticipated, after the purchase of a Tesla Model 3 that would be used as a police cruiser. The Police Department reports that it has already helped recoup the purchase price premium and helped save money for the department in its first full year of operation.

After purchasing a Tesla Model 3 in December 2019 and putting it to work in February 2020, Westport PD spokespeople said that the all-electric sedan has already exceeded expectations for performance, cost savings, and environmental benefits. After sparring with the idea of purchasing another Ford Explorer for the police fleet, cost-effectiveness became the big question. There is a $15,300 difference between the Model 3 and the Explorer, but Westport’s PD has no regrets about its decision.

Tesla Model 3 becomes first squad car for Connecticut police department

“The purchase price differential was recouped in the first year due to reduced customization and lower operating costs. All of these have been analyzed in detail,” the department said.

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The EV Club of Connecticut completed a vehicle cost comparison analysis after the first year of ownership shows that, despite the additional initial cost of the Model 3, reduced maintenance costs, along with decreased customization needs for the Model 3, gave the department a savings of around $17,600. The ongoing cost of the Model 3 is comparatively less than that of the Ford Explorer based on routine maintenance and fuel costs.

Credit: EV Club of CT

Additionally, the Police Department is also considering purchasing another Model 3 to add to its fleet. After four years of ownership of the “Pilot” Tesla that the department purchased in 2019, the total cost is projected to be $79,400. If another Model 3 is added to the fleet, after four years, it will cost $95,800. The Ford Explorer would be much more expensive, sitting at $120,200.

The Westport Police Department outlined several conclusions after the analysis.

  • After four years the Tesla will have saved enough money to buy another Tesla.
  • Each EV avoids emission of over 23 tons of CO2 per year and saves $8763 in environmental and health costs.
  • There is a $12,582 savings in fuel alone after four years from using electricity to power the vehicle.
  • Reduced maintenance. Regenerative braking means that the engine slows the car and recaptures some of the kinetic energy, replenishing the battery and reducing wear on the friction brakes. It is one example of how an EV saves on maintenance. Other examples are no oil changes, spark plugs, transmission, alternator, water pump, or catalytic converter.
  • Even during the winter months, the vehicle was able to consistently run two consecutive patrol shifts without needing to be recharged, and there were no operational issues related to charging and battery use.

Credit: EV Club of CT

The Town of Westport audited the financial analysis.

Chief Foti Koskinas, who was a vocal supporter of bringing the vehicle into the fleet, said, “Tesla has been a great partner, including re-coding where necessary. We would not have been able to do things like wire the electronics into the large battery or access the car’s computer without their help.”

Along with the massive cost benefits, the department says the instant torque and performance are key factors in overtaking a suspect’s moving vehicle. This increases the safety of the driver, officer, and other vehicles, as a traffic stop can be completed thanks to the lightning-quick agility of the Model 3 quickly.

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Despite the large cost initially, the residents of Westport have been extremely positive. “Feedback from the public has been overwhelmingly positive, Charles Sampson of the Westport PD said. “We’ve have been contacted by at least 50 other police departments – from all over the world – with questions about our experience. I know many of them have gone on to purchase Teslas for their fleets.”

Don’t hesitate to contact us with tips! Email us at tips@teslarati.com, or you can email me directly at joey@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Investor's Corner

SpaceX gets initial stock coverage from Tesla’s biggest bull

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SpaceX Starship V3 flight 12
SpaceX Starship V3 flight 12 (Credit: SpaceX)

Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).

Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.

“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”

Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12

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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.

It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”

Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.

There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:

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“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”

SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.

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Tesla expands massive safety feature worldwide in latest update

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Credit: Tesla

Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”

Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.

For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.

The release notes state (via Not a Tesla App):

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“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”

Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.

Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.

The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.

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Tesla sends production Cybercab with no steering wheel, pedals to on-road testing

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Credit: Tesla

Tesla confirmed this morning that it has sent the first production units, manufactured with no steering wheel or pedals, to on-road testing in Austin, sharing video of the first rides with no human controls.

The lack of steering wheels and pedals in the Cybercab aligns with Tesla’s self-certification of Robotaxi as Level 4 SAE, a platform it plans to make widespread through internal vehicles and customer-owned cars that will operate and generate revenue for individuals.

The start of these engineering tests is a major signal for Tesla, which plans to bring driverless, wheel-less, and pedal-less Cybercabs to market in the coming months. With production already well underway at Gigafactory Texas, where the Cybercab is built, there is some inclination to believe the first public rides could happen sooner rather than later.

Tesla’s engineering tests will put the Cybercab in real-world scenarios, testing not only the hardware, but more importantly, the software that drives the car around Austin with nobody supervising it within the car.

This is perhaps the biggest part of the internal testing process, especially prior to allowing regular, everyday people to hail the Cybercab for an autonomous ride. These early rides serve as a true benchmark for Tesla: How many rides can it achieve safely? How many miles did it travel consecutively without needing an intervention? What scenarios challenge the Full Self-Driving suite the most?

The proper precautions have already been put into place as well, as Tesla released the First Responders Guide to Cybercab over the weekend, ensuring that emergency services have 24/7 access to Robotaxi Assistance, as well as other boundaries, such as Geofencing features that can be used to redirect autonomous vehicle traffic due to accidents, road closures, construction, or maintenance.

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Cybercab seems genuinely close to being added to the Robotaxi fleet in Austin, but Tesla has prioritized safety throughout this entire process. Therefore, we think it could be months before it truly starts giving rides to the public. People have been frustrated with this, but Robotaxi in Austin has a tremendous safety record so far, so the slow rollout has kept people safe and accidents to a minimum.

The most important thing is that Tesla continues to show consistent progress in the Cybercab’s ramp-up toward fleet addition. A few weeks back, we saw the EPA reward the Cybercab a Certificate of Conformity, allowing it to enter the stream of commerce. Then, we saw Tesla add decals, signaling that it was likely about to start testing it publicly. That has now happened.

The next big move will be the announcement of the first rides, so this Summer should be filled with anticipation.

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