Musk: Tesla Plans New $25,000 EV in About Three Years

The transcript discusses the company's long-term goal of creating an affordable $25,000 electric vehicle. It highlights the company's journey from producing expensive sports cars to more affordable sedans and mass-market models like the Model 3 and Model Y. The ultimate aim is to produce a fully autonomous electric vehicle within three years, making sustainable transportation accessible to a broader audience.

What does the speaker mean by 'mass market premium' in the context of electric vehicles?

What characteristics does the speaker attribute to the envisioned $25,000 electric vehicle?