Hyperdrive

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Herbert Diess speaks during the world premiere of the new VW Golf on Oct. 24.Photographer: Markus Hibbeler/Bloomberg

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By Christoph Rauwald

October 24, 2019 at 8:58 PM UTC

Updated on

October 25, 2019 at 11:10 AM UTC

This article is for subscribers only.

There appears to be a budding bromance between the CEOs of Volkswagen AG, the world’s largest automaker, and Tesla Inc., the electric-car company suddenly back on the ascent.

At an event where VW was presenting the new Golf hatchback late Thursday, Chief Executive Officer Herbert Diess quibbled with reporters who suggested Tesla is in trouble because it’s too small.