Thieves Are Stealing Copper Cables From Tesla Charging Stations Amid Sky-High Prices For Vital Metal
Portfolio Pulse from Anan Ashraf
Thieves targeted Tesla charging stations in Vallejo, California, stealing copper cables and causing temporary downtime. The incident highlights vulnerabilities in Tesla's charging infrastructure, especially as the company opens its Supercharger network to other EV makers. Copper theft is on the rise due to high copper prices.
May 17, 2024 | 12:07 pm
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Tesla's charging stations in Vallejo, CA, were targeted by thieves who stole copper cables, causing temporary downtime. This incident raises concerns about the security of Tesla's charging infrastructure, especially as the company opens its Supercharger network to other EV makers.
The theft of copper cables from Tesla's charging stations highlights a security vulnerability that could impact customer trust and operational efficiency. The quick repair minimizes long-term impact, but the incident could still negatively affect Tesla's stock price in the short term.
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RELEVANCE 100