No Deal Between Volkswagen and Tesla, VW CEO Confirms

  • Following the highly reported meeting between VW CEO Herbert Diess and Tesla CEO Elon Musk in Germany recently, the Volkswagen head has confirmed that there’s no deal between the two automakers.
  • This came after Musk was spotted meeting with the VW CEO over the weekend where he test drove the VW ID:3 while also getting an inside glimpse of the upcoming ID:4 crossover.
  • Musk was primarily in Germany to iron out the details for the proposed production unit or Gigafactory in Berlin.

Ever since Tesla CEO Elon Musk met with Volkswagen CEO Herbert Diess in Germany, there’s been speculation about a potential deal between the two auto giants. Well, it seems like none of that will happen with the VW CEO confirming that there’s no deal in the making. A few hours after his original post with Musk, Diess commented – “Just to be clear: We just drove the ID.3 and had a chat – there is no deal/cooperation in the making.”

This was followed by a selfie of the two CEOs in what appears to be the hangar of the airport. The two reportedly met at a small airport near Braunschweig, Germany. In addition to driving the ID:3, Musk is also said to have received a preview of the ID:4 crossover.

Elon Musk - Herbert Diess

Diess has previously been very complimentary about Musk and his accomplishments in the EV industry. He has also welcomed Tesla’s decision to open a Gigafactory in Berlin.

While the market has long predicted that the ID:4 will be VW’s answer to the Tesla Model Y, the company recently claimed that the ID:4 will compete with the likes of the Toyota RAV4 and Honda CR-V, and not particularly the Model Y.

As Electrek points out, it was previously speculated that Musk was very close to considering Volkswagen as a partner to take Tesla private. Eventually, Musk dropped the plans altogether, putting an end to all conjecture until this meet happened.

Tesla has been ahead of the curve in terms of technology and the implementation of new features. This is clear from the fact that some of the top automakers around the world are only catching up to the company’s feature list today.

Via: Electrek