Please ensure Javascript is enabled for purposes of website accessibility
Free Article Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research

There's No Stopping Tesla Motors, Inc.'s Supercharger Network Now

By Daniel Sparks - Jul 14, 2014 at 9:00PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

There was a day when Tesla was a small player in the charging infrastructure world. But those days are long, long gone.

While political entities and manufacturers debate about a common and compatible charging platform, electric-car maker Tesla Motors ( TSLA -0.53% ) is continuing to expand its charging network, already known for being the world's largest fast-charging network and the fastest growing. From North America to Asia, Tesla is expanding one country at a time. The latest country to see meaningful electrification? France.

Active Supercharger network in France. Image source: Tesla Motors.

The rapid European expansion
Tesla tweeted on Sunday that "France is now charged," saying that Model S owners can now use Tesla's Superchargers to travel free from Paris to the Cote d'Azure.

Tesla's European Supercharger network has grown rapidly in the past two weeks, with Tesla growing the network from 24 less than two weeks ago to 37 today.

Active Supercharger network in Europe. Image source: Tesla Motors.

By the end of this year, Tesla has said that it plans for 100% of the population of Germany, the Netherlands, Switzerland, Belgium, Austria, Denmark, and Luxembourg to live within a 320 kilometers of a Supercharger station. Tesla also expects 90% of the population of England, Wales, and Sweden to live within the same distance of a Supercharger station in the same time period.

ALL IN
These are only two words in all capital letters in Tesla's list of principles for the Tesla Culture. Those words come in the last and final tenet, which reads, "We are ALL IN."

This notion certainly seems to hold true with the company's approach to expanding its network of charging stations. Consider for instance, CEO Elon Musk's instructions to the team overseeing Tesla's charging infrastructure in China: Spend as much money as possible on expanding the network without wasting it. 

To illustrate just how fast Tesla is planning to rollout out its Supercharger network, consider this. On April 24, Tesla said it opened its 100th Supercharger station. By the end of this year, Tesla says its plan is to have 300 globally. And today, Tesla has 143 stations. So, in less than six months, Tesla plans to double the total number of charging stations.

Model S charging at a Tesla Supercharger station. Image source: Tesla Motors.

The effect of such rapid growth in the network has been astounding. As Tesla CEO Elon Musk recently tweeted, long distance driving in the Model S is growing exponentially. 

Musk has said he is open to sharing the network with other manufacturers under the condition that they build compatible vehicles and contribute their fair share of capital toward construction and maintenance. By the end of this year, Tesla's charging network looks poised to dwarf any other fast-charging solution. By that point, the most rational solution to creating a compatible charging network will be to tap into to the Supercharging party.

Tesla is on pace to have 80%of the U.S. population within range of the Supercharger network in 2014 and 98% of the population by the end of 2015. Superchargers can charge a Tesla Model S 16 times faster than most public charging statins, juicing the cars to a 50% charge in 20 minutes and an 80% charge in 40 minutes. Tesla has made the Supercharger stations free to Model S owners for life.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Tesla, Inc. Stock Quote
Tesla, Inc.
TSLA
$1,046.19 (-0.53%) $-5.56

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
652%
 
S&P 500 Returns
142%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 12/08/2021.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Our Most Popular Articles

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.