Copper Thieves Set Their Sights on Tesla Superchargers

Why Rob Banks? Because That's Where the Money Is

In the early 1950s, a well-known bank robber, who was one of the first to make it to the FBI's Ten Most Wanted list, was asked why he chose to rob banks. His response was simple and straightforward: "Because that's where the money is." Today, this logic is being applied by thieves in a new, unexpected way. They are targeting electric vehicle charging stations, as they have discovered that the charging cords at each stall contain a significant amount of copper, which can be scrapped and sold for a tidy profit.

EV Charging Stations: The New Gold Mine

The act of targeting EV charging stations for theft is not a new phenomenon. However, with copper prices on the rise due to limited mining supplies and increased demand in the digital age, thieves are finding these stations to be even more lucrative targets. This trend is particularly concerning for Elon Musk, as Tesla Superchargers in California have been targeted. One Supercharger Station in the Bay Area had all its charging cords cut, leaving EV drivers in a lurch when they arrived with low batteries.

Thieves Target Tesla Superchargers Across Multiple States

According to the EV blog Teslarati, Tesla Superchargers are being targeted by thieves in several states. There has been a surge in similar incidents, with another one occurring last week in Houston, Texas, and earlier this year in Minneapolis, Minnesota. This comes as Nicholas Snowdon from Goldman Sachs has issued a warning about the copper market moving into extreme tightness, leading to a potential price breakout.

How Can Musk Protect Superchargers from Thieves?

The key question now is how Musk can protect these Superchargers from being targeted by thieves. Furthermore, it's worth noting that violent crime and theft often increase in progressive states and metro areas where social justice takes precedence over law and order.

Final Thoughts

The rise in copper theft from EV charging stations is a concerning trend that highlights the broader issues of crime and social justice. It's a complex issue that requires careful thought and planning to address effectively. What are your thoughts on this matter? Share this article with your friends and discuss. Don't forget to sign up for the Daily Briefing, which is delivered every day at 6pm.