Tesla Faces Squeeze as Volkswagen Invests $800 Million in US Electric Car Plant

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Tesla Faces Squeeze as Volkswagen Invests $800 Million in US Electric Car Plant


Tesla is under pressure now that Volkswagen, General Motors, and Ford ratcheted up their electric-car game. With these automobile juggernauts fighting for domination, competition in the electric vehicle field has never been fiercer. On Jan. 14, German automaker Volkswagen announced plans to invest $800 million to expand an electric vehicle (EV) plant in Chattanooga, Tennessee. The

The post Tesla Faces Squeeze as Volkswagen Invests $800 Million in US Electric Car Plant appeared first on CCN

Posted by Samantha Chang on January 15, 2019 @ https://www.ccn.com/tesla-faces-squeeze-as-volkswagen-invests-800-million-in-us-electric-car-plant/

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