Volkswagen CEO Confident He Can Catch Tesla in Electric Car Race

(Bloomberg) — Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.Volkswagen AG Chief Executive Officer Herbert Diess is sending a message to Elon Musk: We’re coming for Tesla Inc.While Tesla is paving the way in electric cars, the world’s biggest automaker is buying software companies and ramping up investments in sustainable vehicles and battery cells, Diess said Friday at the World Economic Forum in Davos, Switzerland.“It’s an open race,” Diess said in an interview with Bloomberg TV. “We are quite optimistic that we still can keep the pace with Tesla and …read more

Source:: Yahoo Finance

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