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VW CEO Says Tesla Moves at Double Speed in Changing Industry

relates to VW CEO Says Tesla Moves at Double Speed in Changing Industry

 

Source: Tesla Inc.

Volkswagen AG said Tesla Inc. is moving twice as quickly as the rest of the industry that needs to pick up the pace in the shift to making electric vehicles packed with software.

The U.S. carmaker is “moving very fast, very focused,” VW Chief Executive Officer Herbert Diess said Wednesday at the CAR Symposium conference in Bochum, Germany. In many aspects, Tesla CEO Elon Musk is “twice as fast as the rest of the industry.”