Volkswagen ID.3 electric cars inside a delivery tower at the automaker's factory in Dresden, Germany.
Photographer: Liesa Johannssen-Koppitz/BloombergThe Big Take
Titans of Carmaking Are Plotting the Overthrow of Elon Musk
Volkswagen and Toyota are coming for Tesla, laying out $170 billion worth of investments to stay on top.
The epic fight over who controls the future of the car industry is about to get a whole lot more interesting.
Tesla Inc., the pioneer and pacesetter, has dominated the early rounds of the new-energy age, capturing investors’ imaginations with a vision for what the next generation of vehicles looks like and seizing the nascent market for fully electric cars.