Skip to content
Volkswagen ID.3 electric cars inside a delivery tower at the automaker's factory in Dresden, Germany. 

Volkswagen ID.3 electric cars inside a delivery tower at the automaker's factory in Dresden, Germany. 

Photographer: Liesa Johannssen-Koppitz/Bloomberg
Business
The 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.

From

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.