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Tesla Supercharging times have reduced by one-third in just five years

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Tesla Supercharging times have reduced by one-third in just five years, the company said, as its efforts to alleviate false narratives related to elongated charging sessions have improved thanks to technological advancements.

Tesla’s Supercharger Network is already the most robust in the industry, and its tech is arguably the best out there. In terms of dependability, we seldom hear that a Tesla Supercharger is out of order, and if it is, it could be due to routine service or updates.

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Tesla declines funding to build massive Superchargers due to payment options

Other EV charging companies have not been able to match the expansion or dependability of Tesla’s Superchargers, and it’s one of the key reasons consumers flock to its vehicles over competitors.

Tesla revealed this morning that its Supercharging times had been reduced by 30 percent over the past five years, and this is despite the mass adoption of EVs over that time.

The Model 3 was introduced just one year earlier and basically triggered Tesla into the hypothetical stratosphere in terms of becoming the first brand to truly offer a widely affordable and effective electric model. Of course, there were precursors before it, like the Chevrolet Bolt, for example.

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Tesla defined six main reasons for its reduction in Supercharger times:

  • Transition to the V3 Supercharger
  • Efficient Routing with Trip Planner
  • Supercharger Density Increasing
  • Vehicle Efficiency
  • Battery Pre-Heating
  • Customer Education

These six factors have all contributed to the reduction in Supercharging times in different ways.

The V3 Superchargers were unveiled in 2019 and enabled charging speeds of up to 250 kW, or 1,000 miles of range in an hour, but only in ideal conditions. This alone has contributed to shorter wait times, but there are a variety of other factors that Tesla seems to believe were more crucial.

Tesla is already moving past V3 and moving to V4, which will be even faster than the previous iteration of Supercharger. The first installations are already underway in Europe and seem to support the introduction of non-Tesla EV charging with longer cables.

Tesla V4 Superchargers unveiled in Europe, could launch this month

Tesla emphasized the importance of the Trip Planner, which has helped cut wait times in half since 2019, the automaker said.

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The Trip Planner feature helps drivers visit Superchargers along a route that would help them get from Point A to Point B in the most efficient manner possible.

This doesn’t require elongated waits at Superchargers but relatively short stints at various charging stations that help make a drive faster and wait times less of a hassle.

Tesla has also placed a distinct focus on expanding the Supercharger Network over the past several years and expanded from 31,498 connectors in 2021 to 42,419 in 2022, a 35 percent increase.

Other tech has undoubtedly contributed to the reduction in Supercharger times, but the important thing is that the misconceptions regarding EV charging are being debunked.

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While it is still not a five or ten-minute task to charge an EV in today’s age, there is also the option of Home Charging, which gives people the option to wake up every morning to a full charge.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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