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Have you seen the videos of catalytic converter thieves sliding under a vehicle, sawing it out and walking away nonchalantly with their easily-carried score in less than 2 minutes? I’ve seen multiple videos like that.

Have you seen any videos of people sliding under a Tesla and somehow sawing out the ~800 pound battery pack and walking away?

Much of the reason why catalytic converter theft is so widespread is that it’s quick and easy. Not so for swiping an EV battery.