Jay Leno said he thinks the genius of Tesla CEO Elon Musk is that “they were building the infrastructure as they were building the vehicle.”
“Even today, many major manufacturers manufacture an electric car, but, oh, where do you charge it?” Leno told “The News with Shepard Smith” during an interview Friday evening. “Elon was smart, when he started, he knew the idea would work so he built charging stations.”
Electric carmaker Tesla will be the newest member of the S&P 500 on Monday at its full float-adjusted market capitalization weight.
2020 has been a monster year for Tesla, the sixth largest company in the world – its stock is up around 700% this year. The host of CNBC’s “Jay Leno Garage” said he was confident that Tesla could maintain its dominance in electric vehicles and said it had seen electric cars from Europe shrink.
“They don’t have Tesla limits,” Leno said. “They don’t, because Tesla leads the region. We think it’s a inferiority complex that things in Europe are somehow better than things here.”
Leno gave host Shepard Smith examples of improved American innovation, including the Corvette from General Motors, which he said rivals Lamborghini and Ferrari and is only $ 60,000.
Highlighting America’s dominance in private industry, he pointed to Musk’s success when it came to the space industry.
“The fact that Elon can send a rocket into space and bring it back to Earth is, what, a tenth of the price of the US government?” Leno said. “Well, that’s what private industry has to do – cheaper, faster, more efficient.”
Leno suggested that those who want to feel “the thunder of a car beneath them” should “buy another car.” He admitted that he loves Ferraris, Ford Cobras and Lamborghins on weekends, but they are not practical for sitting in traffic and driving locally.
“If you’re in a quiet, electric vehicle, you’re not polluting and you’re saving,” Leno said. “When I want to have fun, I’ll take out my 1960 Triumph TR3 and bomb it all around, but in the context of everyday vehicles, you can’t do it [the Tesla]. “