Sorry, but this is flat-out incorrect. The biggest problem is that you are using units terms incorrectly. Normally, I won't be a stickler about using terminology wrong, but that's why you're not getting it right in this case.
@thecloud also gave a correct explanation on this.
Power is a term that means a rate per second that energy is being used or moved. Watt is the usual term for that (or kilowatt). A Watt is 1 Joule per second. Energy is a different quantity. Energy may be measured in Joules, or as you are more familiar with, kilowatt hours. Notice that you take the power, which is energy per second, and multiply it by the amount of time to get the amount of energy. When you said, "Each car will just stay longer and overlap the charging of other cars still using the same amount of power.", that is not right. You mean the same amount of energy.
So anyway, these peak demand charges that the utilities have to deal with aren't about the total amount of energy. They are about the fastest rate that they are having to deliver it. And slowing down the rate at the Superchargers definitely does reduce those peak power levels.