Friedman and Gutierrez previously worked together on the feature film “Bezos: The Beginning,” about Amazon founder Jeff Bezos.
The two share an interest in telling origin stories about entrepreneurs who reshaped industries through innovation and persistence, the news release said.
The cast includes emerging talent along with appearances from entrepreneurs, creators and social media influencers.
The producers plan a limited theatrical release this fall, followed by broader distribution discussions with streaming and digital platforms.
Watch the “Elon” trailer: