Volkswagen Praises Tesla, Commits To More Renewable Energy

Volkswagen CEO Herbert Diess went to Germany last week to participate in the annual World Economic Forum event. While there, he took the opportunity to sing the praises of Tesla. “I think it’s great to have good competition. We think that Tesla plays a very important role in the transition because they are paving the way. They showed that electric cars are working, that a fully electric car is the right solution. So, we appreciate that,” Diess told the press in Davos, according to CNBC. Such praise is welcome, of course, but it raises the question of what would have happened to the EV revolution if Tesla hadn’t come along when it did. And let’s not overlook the impact Elon Musk had on the direction of the company after he took over and displaced some of the company’s other founders.

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