Automakers

VW's Diess talks electrification and the value of Tesla

VW Group CEO Herbert Diess on Tesla's market value: "Tesla is not valued as a conventional automotive company." (Bloomberg)
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By:
Burkhard Riering
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By:
Automobilwoche
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November 24, 2020 07:03 AM

Volkswagen Group's future direction is clear to its CEO, Herbert Diess: The solution is electric mobility. With its program for full-electric cars in all the main market segments, VW aims to comply with increasingly tougher global CO2 emissions regulations and also make a contribution to a greener planet. Diess, 62, talked about this, changes in VW's top management and Tesla's stock market value in an interview with Automobilwoche, a German-language sister publication of Automotive News Europe.

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