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Tesla’s Model S and Model X are nearly 90% less likely to be stolen in the United States

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Tesla’s electric cars seem to be building a reputation as vehicles that thieves actively avoid. According to the Highway Loss Data Institute, which recently published its list of vehicles that are most likely to get stolen in the United States, the Tesla Model S and Model X are almost 90% less likely to get stolen than the average car. 

Highway Loss Data Institute vice president Matt Moore stated that vehicle theft is a matter of opportunity and market value. This is among the reasons why this year, the Dodge Challenger SRT Hellcat, which has a price of around $64,000, topped the list of most-stolen vehicles in the market. Being premium electric cars, the Tesla Model S and Model X certainly meet the criteria of price, but the way they are used by their owners make them pretty tough to steal

Moore notes that when electric vehicles are not in use, they are usually parked in a garage, or at least close to their owners’ homes, so that they can be plugged in overnight. This practice is common among electric car owners, and it allows each car to leave every day with a “full tank” of power. “Vehicle theft is a crime of opportunity, and electric cars parked in locked garages where they are recharging certainly makes it harder for a thief,” he explained.

Tesla’s electric cars are also equipped with a suite of security features that are actively designed to prevent thefts. Among these are PIN to Drive, which requires a four-digit verification code that must be entered before a vehicle could be driven; Sentry Mode, which monitors a vehicle’s surroundings and engages a series of visual and audible alarms once a break-in is attempted; and Intrusion Sensors, an optional accessory that intermittently pulses ultrasonic waves throughout the cabin and triggers an alarm if the signal is disturbed.

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Apart from these security features, data from the Federal Bureau of Investigation’s National Crime Information Center have shown that Teslas that actually do get stolen are usually recovered. Between 2011 and May 2018, the National Crime Information Center tracked 115 Tesla thefts, and among this number, an impressive 112 were recovered. An example of this could be seen in a remarkable story involving an attempted theft of a Model S that ended up being involved in a dramatic transatlantic theft and rescue. During the entire duration of the vehicle’s journey all the way to its retrieval, the Model S’ owner was able to monitor the car’s exact location through GPS. 

The HLDI notes that ultimately, how often a car or truck is stolen will impact how much owners of the vehicle will pay for auto insurance. Thus, vehicles like the Dodge Challenger SRT Hellcat, for example, will likely carry a higher insurance premium, particularly when they are being driven in areas where the rate of auto thefts are high. This should bode well for owners of Tesla’s electric cars, as some insurance providers still quote high premiums for the company’s vehicles. 

Teslas and muscle cars aside, car thefts across the United States have been at a decline in recent years, with the National Insurance Crime Bureau reporting 773,139 vehicles being stolen in 2017, down 53% from 1991, when car thefts across the country peaked at 1.66 million vehicles.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

Tesla’s Robotaxi dreams just took a massive step toward reality

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Credit: Tesla

Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.

On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.

The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.

This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.

Tesla and other companies can self-certify their vehicles and tech as long as they:

  • Operate in compliance with Texas traffic laws
  • Maintain proper registration, title, and insurance
  • Use compliant automated driving systems
  • Record onboard activity and handle system failures and glitches safely.

The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.

It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.

On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.

Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.

These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.

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Elon Musk

The Tesla and SpaceX merger everyone is talking about is quietly building

Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.

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Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.

The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.

Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI

Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.

Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.

Elon Musk explains why he cannot be fired from SpaceX

Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.

What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.

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Elon Musk

SpaceX to become America’s Military data backbone for missiles, drones, and warfighters

The Space Force just handed SpaceX $2.29 billion to build the military’s space internet backbone.

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US Golden Dome space defense system (Concept render by Grok)

The U.S. Space Force awarded SpaceX a $2.29 billion contract on May 26, 2026 to build the backbone of its Space Data Network, a satellite-based communications system designed to keep American military forces connected anywhere on Earth in real time. The contract is firm-fixed-price and requires SpaceX to deliver a fully operational prototype by the end of 2027.

In plain terms, the SDN Backbone is the plumbing behind the military’s space-based internet. It functions as a low Earth orbit satellite constellation providing robust, high-capacity, and low-latency data transport for the Joint Force, connecting sensors and weapons systems continuously, globally, and securely. Think of it as a private, hardened version of Starlink built specifically for battlefield communications, one that soldiers, ships, and aircraft can rely on even in contested environments where ground-based networks have been disrupted.

SpaceX is quietly becoming the U.S. Military’s only reliable rocket

The Space Force was direct about why SpaceX was selected. “The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,” said USSF Col. Ryan Frazier.

“We aren’t trading speed for scale; we are demanding both. By using rapid prototyping and Other Transaction Authorities, we are ensuring our advanced solutions are integrated and delivered to the warfighter as fast as possible,” added USSF Lt. Col. Fry, SDN Backbone system program manager.

The SDN Backbone will work alongside the Space Development Agency’s Transport Layer, with the two systems forming a unified open architecture to provide critical data transport for current and future Department of War missions.

As Teslarati has reported, this is not SpaceX’s first Space Force contract of 2026. In April, the Space Force awarded SpaceX $178.5 million to launch missile tracking satellites, and SpaceX is already embedded in the Golden Dome missile defense software group. The $2.29 billion SDN Backbone award puts SpaceX at the center of how the American military communicates in space, a position with direct implications for its reported $1.75 trillion IPO valuation as the company heads toward a public offering as early as June 2026.

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