Tesla is a competitor we take very seriously: Volkswagen CEO

Volkswagen CEO Herbert Diess has said Tesla is a competitor that the German carmaker takes very seriously. "Tesla is not niche. The Model 3 is a large-series model and they are one of the biggest manufacturers of electric-car batteries," he added. Last month, Tesla CEO Elon Musk tweeted that Diess was "doing more than any big carmaker to go electric".