Tesla CEO and former SpaceX CEO Elon Smith is a former member of the U.S. House of Representatives and has been outspoken about the need for electric vehicles to replace fossil fuels in the United States.
Speaking to Recode at a tech conference in New York on Monday, Musk said he has been impressed with Tesla’s performance and that it has the potential to be a disruptive force.
“When we first started, it was a car, and now it’s a technology company.
We’ve had two cars go up and get a lot of attention,” he said.
“If you compare Tesla to a gas company, it’s almost like they have a different set of rules.”
In a statement, Tesla said it has already “received the first-ever electric car orders” and said it is “very proud of our performance.”
The company has been struggling to build a profit margin and has a debt load of $2.3 billion.
Musk, who joined Tesla in 2011, said he will leave the company as a chief executive by the end of the year.