Tesla is celebrating a new milestone with the installation of its 45,000th Supercharger worldwide, as announced by the electric vehicle maker via Twitter.

The milestone announcement came less than five months after its 40,000th Supercharger installation, which indicates the network’s accelerated expansion.

According to investment firm Morgan Stanley, it might be difficult to determine Supercharger Network’s true value, as it is able to provide people with the reassurance to switch to electric vehicles.

Elizabeth Krear, J.D. Power Vice President of Electric Vehicle Practice, said inadequate infrastructure is one of the major reasons why customers are hesitant to purchase an EV.

“They want the confidence to know that charging is going to be there in the public where they need it, when they need it, at the speed,” said Krear.

The Supercharger Network is also currently opening up around 4,700 stations worldwide to non-Tesla EVs, making Superchargers one of the most reliable charging networks. The firm even dubs Superchargers “the potential gas station company of the future.”

Last month, Tesla also credited its production team at Giga New York for making more than half of the 40,000 Superchargers it had installed worldwide. Apart from producing prefabricated Supercharger stalls, it also produces Megachargers designed for the Tesla Semi, an all-electric Class 8 truck capable of covering a distance of 500 miles.

Continuously expanding its reach, Tesla also built another Supercharger factory in Shanghai in 2021. At that time, the facility reportedly would produce approximately 10,000 Supercharger V3 units each year.

The Tesla Supercharger Network has been continuously growing with little competition in the market. In this year’s first quarter (Q1), Tesla placed 1,292 charging ports in the United States, five times more than its nearest competitor, EVGo. Based on the EVAdoption Twitter account, this number marks 58 percent of all new DC Fast Charging (DCFC) ports.

Elon Musk

Elon Reeve Musk is a business magnate and investor. He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner and CEO of Twitter, Inc. (wikipedia)

Tesla Supercharger

A Tesla Supercharger is a 480-volt direct current fast-charging technology built by American vehicle manufacturer Tesla, Inc. for electric cars. (wikipedia)