News

Volkswagen Denies Interest in Tesla

Order Reprints

Aug. 23, 2019—Volkswagen denied a report this week that it has any interest in taking a stake in Tesla, per a report by CNBC

Executives at Tesla, which didn’t immediately comment on this story according to CNBC, have said a European facility will help lower transportation costs, avoid tariffs and expand availability in a market just beginning to embrace electric vehicles. 

There are reports that, although VW does not want to invest in Tesla, it has been scouting locations in Europe for a new Gigafactory.

 

Related Articles

Tesla Denies Firing Employees

Tesla Improves In-Car Communication for Customers in Need of Service

You must login or register in order to post a comment.