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VAG Going All-Out To Combat Elon, Inc.

790 Views 7 Replies 7 Participants Last post by  Dave Z
It was announced today that Volkswagen, AG is planning on investing about €180 billion in the next several years in a bold attempt to make up ground on TSLA in the EV field.

I'm having mixed feelings about this. One part of me admires VAG for the sheer guts of it......but another part of me has the nagging feeling that this is risky, and could turn out badly...very badly.

All Opinions Welcome!
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elon made his money, he sees the writing on the wall. he is going a different route.
Musk is happy with the title of trailblazer of EVs. He is looking for other things to trailblazer now.

Musk knows that he is a better inventor than long term steward of a corporation in a saturated market.
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