EV giant Tesla has now logged 40,000 Superchargers currently in operation around the world, making it the biggest global DC fast-charging network, according to electrek.
Supercharger Network
Tesla's success has been significantly attributed to the Supercharger network. The electric vehicle industry was still in its baby steps when Tesla entered the scene, and the manufacturer understood that if it wanted to succeed, it couldn't rely on outside firms to provide the charging infrastructure to power its electric vehicles.
Hence, the company ensured that they had control over the charging process by providing a network of DC fast chargers in the form of the Supercharger network.
But 10 years after its inception, Tesla's supercharger network became the biggest DC fast-charging network in the world, as per electrek's report.
The EV business announced on Tuesday, Nov.22, that it currently has 40,000 Superchargers worldwide.
The network's expansion is also rapidly increasing as a result of Tesla installing over 10,000 Superchargers this year alone.
The manufacturer is also preparing to make numerous significant adjustments to the charging network in addition to deploying a large number of stations.
Read Also: Tesla Rolls Out Update to Recall More Than 321,000 Vehicles for Tail Light Software Issue
Top EV Charging Service
Tesla is catapulting itself into the top EV charging service provider as it increasingly opens up the Supercharger network to electric vehicles that aren't made by the company.
Tesla is now getting ready to open hundreds of stations in North America after launching hundreds of stations across Europe.
The company has opened up its charge connector in North America to make it the new charging standard in the region. It is the only connector on all North American Superchargers.
The fourth generation of Tesla's Supercharger is also under development. It should enable the use of EVs other than Tesla models and have a greater peak charging rate.
Despite this new achievement, the company is still grappling with declining stocks, which caused $100 billion in losses to Elon Musk's wealth.
The Tesla CEO's net worth declined by $8.6 billion on Monday, Nov. 21. But even if this is the case, he is still the richest person in the world with a wealth of $169.8 billion, according to the Bloomberg Billionaires Index.
Earlier this year, Musk sold Tesla stock to help him complete his $44 billion purchase of Twitter. Musk might have reduced his losses this year if he had kept his millions of additional Tesla shares.
He claimed that he had sold more Tesla stock to save the social networking company, which is currently in hot waters after many of its employees resigned from the company.
This article is owned by Tech Times
Written by Jace Dela Cruz
