Elon Musk
Elon Musk.
  • Former Ford CEO Mark Fields saw Tesla's investor day as reaffirming the automaker's reign over the EV industry.
  • Though the event lacked details on new models, it demonstrated the company's leadership in key areas, he told CNBC.
  • "Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday."

While Tesla stock sold off after its investor day failed to provide details on new EV models, former Ford CEO Mark Fields heard enough to remain confident in the company's future.