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Tag: VW

Economy and Finance

VW CEO Denies Speculation of Cooperation with Tesla

JAKARTA - Volkswagen (VW) Chief Executive Herbert Diess on Monday (7/9) local time denied speculation that it has plans to develop a deeper relationship with Tesla. This speculation arose after Diess met with Tesla Chief Executive, Elon Musk in Braunschweig, Germany, last week, and during his visit, VW allowed Musk to drive the latest VW ID electric car. "Just to be clear, we were just driving ID.3 and chatting - there was no agreement or cooperation on the manufacture of (the car)," Diess said in a statement on Linkedin. It also includes videos of two CEOs driving a vehicle at the airport. "Thank you for visiting, Elon! Hope you like the video. It was great to ride the ID.3 with you! You are quite critical with the torque available at higher speeds," said Diess. "I told you, 'Yeah, w...