CEO calls for more manufacturers in electric car business [VIDEO]

The CEO of Tesla, Elon Musk, is advising other manufacturers to join the electric carmaking business.

In a recent interview, Musk revealed his vision of the auto industry in the near future.

According to him, people will only want autonomous cars in the future, hence the need for more carmakers to make electric cars.

READ: "In the long term, nobody will buy a car unless it's autonomous," CEO of Tesla says

He also announced that cheaper Tesla cars will be made soon.

Watch the video above to see more, including his opinion on Apple's entry into automanufacturing.