GO
Loading...

Tech investor ranks Musk high with Jobs, Edison

More than 125 years ago, Thomas Edison changed the way the world consumed information by introducing the phonograph, motion picture camera, and, of course, the incandescent light bulb.

More recently, Steve Jobs gave the world the iPod, iPhone and iPad, among other popular electronic devices while at the helm of Apple.

Today, it seems Elon Musk is poised to join the pantheon of America's all-time greatest industrialists, technology investor Steve Jurvetson told CNBC on Tuesday.

Elon Musk
ChinaFotoPress | Getty Images
Elon Musk

"He thinks differently. He sees the world and he sees the future in a very clear way and he executes unlike anyone we've seen," said Jurvetson, a partner at DFJ Venture, a venture capital firm. "And so whether it's Tesla, Space X, Solar City, which he helped form with his cousins, and two other start-ups before that, including PayPal, the guy's had more success in more industries than any entrepreneur I know of on the planet."

To Jurvetson, Musk is a "remarkable" person who he thinks could go down "as one of the most important entrepreneurs in U.S. history." Jurvetson has so much faith in Musk that he told "Squawk Alley" his firm would "probably want to support just about anything he did."

Indeed, Jurvetson has long put his support behind Musk. Jurvetson was an early investor in Musk's Tesla Motors and was, in fact, the first person to own a Tesla vehicle. He's also a board member at Tesla, as well as Musk's Space X.

From safety recalls to critical reviews and a heavy short position, there have been bumps along the way for electric car maker Tesla Motors. Though "it's inevitable" that someday all vehicles will be electric, Tesla's biggest headwinds so far has been concerns over price and the battery's range, Jurvetson said.

But "range isn't really a problem, it's a perceived problem" because the average driver doesn't really go that far and superchargers are available for cross-country trips, he said.

Price will be a "slower story" over the next five to 10 years, though, as the automaker works to reduce costs of its offerings. Still, Tesla's Model S is less expensive than the Ford Taurus "if you own it for seven years and look at all the costs; savings on energy and almost no maintenance."

On Space X, Jurvetson said it's a "spectacular" company that does more than $5 billion in business and has turned a profit for six consecutive years.

"They look to be the future of the U.S. space program, not only for bringing cargo to the space station, but the future of carrying our astronauts to space. They intend to colonize Mars," he said. "This is a company that if it realizes its aspirations, truly it will be a breathtaking example of American entrepreneurship."

—By CNBC's Drew Sandholm

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More

Squawk Alley