Correct, but I noticed a major difference in charging speed trying to use the 30 amp charger included with my Lightning at my buddy’s place in VT, I ended up leaving the truck there overnight to actually get a full charge. I would recommend those installing give themselves the additional capacity even if charging at less than 48a, seems better to have the wires running at a lower percentage of capacity to reduce heat. If I were doing it again I’d have gone #4 THNN instead of #6. My electrician didn’t want to run the #4 and already had #6 in the truck, so that’s what I got. I had him drop and additional 50 amp with the same #6 for my welder that I could turn into a second EVSE hardwire if needed, just remove the GFCI breaker.
I have the Tesla set to charge at 32 amps at home since we typically charge it 30-70% a couple times a week, usually done in ~5 hours. My Ford Lightning doesn’t have such a setting and eats the max amp setting of the charger. If charging it 30-85% it will take about 8-9 hours, at 32 amps it would be 12-13 hours.