Sep 30, 2017

Mercedes-Benz’s $1 billion electric car ‘attack on Tesla’ is missing a zero, says Elon Musk

Posted by in categories: Elon Musk, sustainability, transportation

Daimler, Mercedes-Benz’s parent company, announced last week a $1 billion investment in electric car and battery production in the US.

As with any new EV investment from a legacy automaker, the media painted it as an “attack on Tesla”, but Elon Musk, Tesla’s CEO and largest shareholder, doesn’t seem too worried about it.

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