Elon Musk:

The goal with Tesla was really to try to show what electric cars can do. 'Cause people had the wrong impression. We had to change people's perception of an electric vehicle. Cause they used to think of it as something that was slow and ugly and had low range, kind of like a golf cart.

So that's why we created the Tesla Roadster, to show that you can be fast, attractive, and long-range. And it's amazing how- even though you can show that something works on paper, you know, and the calculations are very clear, until you actually have the physical object and they can drive it, it doesn't really sink in for people. If you're going to create a company, the first thing you should try to do is create a working prototype. You can make anything work on PowerPoint.

But if you have an actual demonstration article, even if it's in primitive form, that's much, much more effective for convincing people. So we made the Tesla Roadster, and now we're coming out soon with the Model S, which is a four-door sedan.

So, that's where things are, and- and hopefully there are some lessons to be drawn there. I think the overreaching point I want to make is that you guys are the magicians of the 21st century. Don't let anything hold you back. Imagination is the limit. Go out there and create some magic. Thank you.

Elon Musk:

The goal with Tesla was really to try to show what electric cars can do. 'Cause people had the wrong impression. We had to change people's perception of an electric vehicle. Cause they used to think of it as something that was slow and ugly and had low range, kind of like a golf cart.

So that's why we created the Tesla Roadster, to show that you can be fast, attractive, and long-range. And it's amazing how- even though you can show that something works on paper, you know, and the calculations are very clear, until you actually have the physical object and they can drive it, it doesn't really sink in for people. If you're going to create a company, the first thing you should try to do is create a working prototype. You can make anything work on PowerPoint.

But if you have an actual demonstration article, even if it's in primitive form, that's much, much more effective for convincing people. So we made the Tesla Roadster, and now we're coming out soon with the Model S, which is a four-door sedan.

So, that's where things are, and- and hopefully there are some lessons to be drawn there. I think the overreaching point I want to make is that you guys are the magicians of the 21st century. Don't let anything hold you back. Imagination is the limit. Go out there and create some magic. Thank you.