Get All Access for $5/mo

Elon Musk Tells Tesla Competitors to Bring It On Big-name challengers are nipping at the visionary entrepreneur's heels and he wants more.

By Kim Lachance Shandrow

Opinions expressed by Entrepreneur contributors are their own.

Reuters | Rebecca Cook
Elon Musk

Threats in Tesla's rearview mirror are closer than they appear, but Elon Musk isn't flinching. He's "glad" for the competition. In fact, he wishes big car companies would put the pedal to the metal already.

"I'm glad to see these announcements of these other companies," Musk said of the increasing number of competitors revving up electric car plans during an interview with the Danish newspaper Børsen. "I hope they move even faster than they announce."

The visionary entrepreneur has all but begged traditional automakers to enter the battery-powered vehicle race for years now, from the pages of GQ to the heart of Motor City, and just about any time he commands the media spotlight, which is often.

Related: Apple's Tesla Challenger Could Roll Into the Market By 2019

Musk, currently overseas to cut the ribbon on Tesla's first European assembly plant, recently noted that seven long years have passed since his Palo Alto, Calif.-based startup unveiled the Roadster, its inaugural luxury electric sports car. Now, in a warming world circled by an estimated 1.2 billion cars -- only about 2.5 percent of them electric, fuel-cell or battery electric -- the billionaire is cooling off on outright condemning the auto industry for being asleep at the sustainable wheel. His approach today seems more honey than vinegar.

When asked by Børsen how he feels about taking on auto and energy industry giants, Musk acknowledged that it's challenging, yet pointed to how widely his car company has grown in spite of being a disruptive outsider. "It can be quite difficult at times," he admitted. "The big car companies and the big energy companies have quite sharp elbows, so, at various times, they try to squash small companies like Tesla, but generally I think we have the popular support."

Related: Stephen Colbert Tries to Figure Out if Elon Musk Is a Superhero or Something More Sinister (VIDEO)

The Børsen interviewer noted that some other high-end carmakers, specifically Porsche, are gaining traction. Musk responded by underscoring the "ideological motivation" behind why he launched Tesla Motors in 2003 in the first place: to stop human extinction by popularizing sustainable transportation. If all else fails, pack your SpaceX spacesuit, it's Mars or bust.

"The reason that we're doing Tesla is to try to accelerate the advent of sustainable transport, to have there be more electric cars on the road," Musk said, "and, to that end, we actually open-sourced all of our patents. Any e-car company can use our technology. It's no problem. They don't even have to pay a fee to us."

Share and share alike, and eat your heart out, Apple. Musk welcomes the challenge, late in the game as it is. Without more electric cars from more competitors on the road, he fears for the future of our world and our species, that is if artificial intelligence doesn't annihilate us first.

Related: Elon Musk, Stephen Hawking Warn That AI Military Robots Could Ignite Next Global Arms Race

Kim Lachance Shandrow

Senior Writer. Frequently covers cryptocurrency, future tech, social media, startups, gadgets and apps.

Kim Lachance Shandrow is a senior writer at Entrepreneur.com. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

How to Connect With Buyers and Get Your Products on Store Shelves, According to the Founder of Daring and Cadence

Ross MacKay, founder and original CEO of the plant-based food company Daring Foods and co-founder of performance beverage brand Cadence, shares the strategies that have landed his products in over 40,000 stores nationwide.

Devices

Maintain Professional Boundaries with a Second Phone Number for $25

Keep your business and personal communications separate with Hushed—and save an extra $5 for a limited time.

Growing a Business

Being a Good Manager Isn't Enough — Here Are 5 Leadership Skills That Will Keep Your Employees Around

The article outlines five key leadership skills — engagement culture, effective staffing strategies, AI utilization, shared team reality, and work-life balance — that can improve team performance and reduce turnover, fostering sustainable growth and innovation.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Starting a Business

'Wait, I Have to Pay to Donate to You?' How Nonprofits Are Flipping the Script With 'For Profit' Strategies to 10X Their Impact

Spiraling donations and outdated dogmas around fundraising and operating costs have left many charities struggling to stay afloat. Some are trying new strategies to make money.