Teslaโs position as the top producer of electric vehicles in the world could soon be threatened by Volkswagen Group in the near future as the German automaker ramps up the production of several EV models under its subsidiaries. Volkswagen has consideredย Tesla Inc. (NASDAQ: TSLA)ย a rival for years, announcing its intention toย surpass Tesla in salesย and become a major electric vehicle manufacturer on a global scale.
A new report from Bloomberg Intelligence has revealed that Volkswagenโs plans could come to fruition in 2024, just less thanโฆ
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