Tesla Inc TSLA 0.14% has opened the world’s largest Supercharger station with 56 stalls in Firebaugh, California, Electrek reported Saturday.
What Happened: While the Elon Musk-led company has Supercharger stations with 50 stalls in China, 56 is a new record for the automaker, according to Electrek.
The new station is located between the Bay area and Los Angeles, which are reportedly the company’s two of the largest markets in the world.
A tweet by the Tesla Owners East Bay confirmed the presence of 56 V3 Superchargers at the location.
There are solar canopies to provide shade to the vehicles while they charge and facilities such as a convenience store and restaurant are available on location, as per Electrek.
The 1MW V3 is Tesla’s architecture for Supercharging, which supports 250kW per car. Tesla claims it can deliver enough power to a Model 3 sedan in five minutes so as to take it to 75 miles.
Why It Matters: Musk has said in the past that Tesla would hasten the deployment of Supercharger V3 stations, which started rolling out in 2019.
As of this month, the Palo Alto-based automaker has deployed 20,000 Superchargers, which it describes as constituting the “world’s fastest charging network.”
Tesla has fallen behind its stated Supercharger expansion targets. The automaker planned to have 18,000 Superchargers in place by end of 2018 but it could only manage to put in 12,000 by the deadline.
Price Action: Tesla shares closed nearly 0.8% lower at $408.50 on Friday.
Read Next: “Tesla Killer” Launches 90,900% Market Surge
I’m here 3,000 miles from home in Long Beach, California.
This industrial suburb looks nothing like Silicon Valley, but recently it’s become the epicenter of an explosive new technology.
One that’s taking the $2.5 trillion electric vehicle market by storm.
It charges in just minutes — not hours. It’s 100% emission-free, costs next to nothing, and involves no fossil fuels. The only thing it emits is pure, clean water.
I came here to try it for myself and see if all these claims were true.
And incredibly enough, the “Tesla Killer” worked better than I imagined.
The car took moments to fill and drove like a dream along the California coast, lasting hundreds of miles.
I’m now certain that no Tesla could possibly compete with it.
That’s why Bloomberg projects it to “skyrocket 1,000 times over.” And best of all…
Don’t wait another moment.
Now you can lock in its shares at a few dollars, instead of around a few hundred dollars like Tesla.