Volkswagen says it is not interested in buying a Tesla stake

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Volkswagen on Thursday denied a media report which suggested that the German car...

FILE PHOTO: Volkswagen AG CEO Dr. Herbert Diess speaks at a news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar

FRANKFURT - Volkswagen on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla. “The speculation about buying a stake in Tesla made by Manager Magazin is without merit,” a Volkswagen spokesman said in a written statement to Reuters.

 

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Cause Tesla is a shell game about to collapse.

Volkwagen already owns 10% of Rimac, Tesla’s major rival

That's a win for Tesla.

Good for Volkswagen, they do not need Tesla!! Their electric powered vehicles are going to astound the American public..design is futurist and appealing.

please two hands one time up done😃😄

Competing interests at this juncture would preclude such a venture I guess.

Maybe Tesla should buy a Volkswagen stake instead 🤣

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