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Volkswagen CEO reportedly interested in Tesla stake

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Volkswagen CEO Herbert Diess is interested in acquiring a stake in Tesla , German business publication Manager Magazin reported on Thursday, citing company sources. "Diess would go in right away if he could," the magazine quoted one of Diess' top managers as saying. Diess believes Volkswagen could profit from Tesla's competence in the fields of batteries and software, Manager Magazin said, adding the German company had enough money.

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Volkswagen CEO reportedly interested in Tesla stake originally appeared on Autoblog on Thu, 22 Aug 2019 08:20:00 EDT. Please see our terms for use of feeds.

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