Jay Leno stated he thinks the genius of Tesla‘s CEO Elon Musk is that “he was constructing the infrastructure as he was constructing the car.”

“Even at the moment, loads of the most important producers construct an electrical automotive, however, oh, the place do you cost it?” Leno informed the “The News with Shepard Smith” throughout a Friday night interview. “Elon was sensible, when he began, he knew this concept would work so he constructed charging stations.”

Electrical automotive maker Tesla would be the latest member of the S&P 500 on Monday at its full float-adjusted market capitalization weight.

2020 has been a monster 12 months for Tesla, the sixth largest firm on the earth — its stock is up about 700% this 12 months. The host of CNBC’s “Jay Leno’s Garage” stated he was assured that Tesla would be capable of maintain its dominance in electrical autos and added that he is seen electrical vehicles from Europe fall brief. 

“They do not have the vary of the Tesla,” Leno stated. “They do not, as a result of Tesla leads the sector. We appear to have this inferiority complicated that one way or the other issues in Europe are higher than issues constructed right here.”

Leno gave host Shepard Smith examples of superior American innovation, together with General Motors‘ Corvette, which he stated rivals the Lamborghini and Ferrari and is just $60,000.

Highlighting America’s dominance in personal trade, he pointed to Musk’s success when it got here to the area trade.

“The truth that Elon can ship a rocket into area and land it again on Earth for, what, a tenth of the value of the U.S. authorities?” Leno stated. “Nicely, that is what personal trade is meant to do — cheaper, quicker, extra environment friendly.”

Leno prompt that those that wish to really feel the “rumble of a automotive beneath them” ought to “purchase one other automotive.” He acknowledged that he loves Ferraris, Ford Cobra, and Lamborghinis on the weekend, however that they are simply not sensible to take a seat in site visitors and drive domestically. 

“For those who’re in a quiet, electrical car, you are not polluting and also you’re saving,” stated Leno. “After I wish to have enjoyable, I am going to take out my 1960 Triumph TR3 and bomb round, however by way of on a regular basis autos, you may’t beat it [the Tesla].”