Volkswagen CEO interested in Tesla stake: Manager Magazin

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Volkswagen CEO interested in Tesla stake: Manager Magazin
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Volkswagen CEO Herbert Diess is interested in acquiring a stake in Tesla , Germa...

“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.A bigger obstacle, however, would be to get the consent of Volkswagen’s dominating owner families, the Piechs and the Porsches.

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