Tesla has placed over 4,000 supercharger stations worldwide to make it easier for Tesla customers to access charging stations. The Elon Musk-led EV manufacturing giant is expanding 34% year on year.
Reflecting a YoY growth of 33.88%, Tesla had 3,971 supercharger stations worldwide as of Q2 2022 compared to the 2,966 stations during the same period in 2021, based on the data provided by Finbold.
According to Electric Cars Reports, the number of Tesla stations reached 3,724 during the first three months of 2022, an increase of 7.13% from the previous quarter. The company had installed a total of 3,254 stations worldwide as of Q3 2021.
Tesla has also marked a YoY growth of 34.44% in Q2 2022 with the 36,165 supercharger connectors. Notably, the number of connectors increased to 33,657 in the first quarter of 2022, up 6.85% from 31,498 in the fourth quarter of 2021.
Despite operating during a time when the pandemic’s economic consequences were felt, the research shows that Tesla has seen a significant increase in the supercharger segment.
“Interestingly, Tesla has managed to record supercharger growth despite facing challenges mainly from the chip shortage. Notably, in recent years, charging infrastructure companies raised concerns due to chip shortage factors derailing the momentum of rolling out public charging options. At the same time, the company is dominating despite prevailing geopolitical issues,” according to the research.
As the company implements cutting-edge technologies to expand its reach, Tesla is anticipated to speed up the installation of supercharger stations.
However, given that more electric vehicle manufacturers continue to release new products, it is important to remember that Tesla still confronts growing competition. With its supercharger facilities set to accommodate other EV models, Tesla’s market power may be affected.