Electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) has made headlines in 2023 for its Model Y becoming one of the bestselling vehicles worldwide. PHOTO BY CARTER BARAN/UNSPLASH
Electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) has made headlines in 2023 for its Model Y becoming one of the bestselling vehicles worldwide.
Price cuts and incentives have made the vehicle more affordable for some and has led to the vehicle being chosen over other EV rivals or traditional automotives.
While charging range, price, and wow factor for EVs can be important reasons to purchase one model over another, there might be another big reason to buy a Tesla.
Consumers shopping for a new or electric vehicle might want to consider a Tesla vehicle like the Model Y, Model 3, or Model X.
A new list from the Highway Loss Data Institute reveals the vehicles that are most stolen and the vehicles that are the least stolen, when looking at model years 2020, 2021 and 2022. The model factors in the number of vehicles on the road and market share to come up with a better look comparatively of all models.
According to the report, these were the vehicles stolen the least, based on the lowest number of claims compared to other vehicles.
Tesla gets four of the top 10 spots on the list of the least stolen vehicles. General Motors grabs two spots and Volvo has three.
Outside the top 10, Volvo, Tesla and General Motors all score well in the 11 to 20 range as well.
The report lists the following as the ten most stolen vehicle models from 2020 to 2022.
The Charger SRT Hellcat was a significant leader on the list, with the model 60 times more likely to be stolen than the average 2020 to 2022 model vehicle.
“If you own a Hellcat, you better check your driveway,” HLDI Senior Vice President Matt Moore said. “These numbers are unbelievable.”
Kia and Hyundai vehicles ranked high among the top 20 most stolen, likely helped in part by thieves discovering that they were easier to steal and a TikTok viral challenge catching attention.
Several insurance companies even stopped offering coverage on certain models due to them being frequent targets for thieves.
Out of the top 20 least stolen vehicles, six of the models are EVs.
There could be several factors for the reason why EVs are targeted and stolen less. Among the biggest reason could be the need to charge and some EVs parked in garages or well-lit areas that include chargers.
Another factor that goes into Tesla scoring well as a top-rated low theft vehicle brand could be the company’s Sentry Mode, a surveillance system that kicks in when people are close to the vehicle.
Tesla offers many cameras and records video during Sentry Mode and even when the vehicles are not actively running.
GPS tracking for Tesla vehicles could also be a deterrent to fend off thieves, as the car’s owner can likely locate their vehicle or help authorities track down where the thieves live or left the stolen vehicle.
Auto companies that appear on the list of least stolen vehicles can use that as a selling point to consumers. For Tesla, this list inclusion could be another example of how the company is beating not just EV companies, but also traditional automakers in many aspects.
Produced in association with Benzinga
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