Tesla: Musk does not rule out alliances with a car manufacturer

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The “divine” Elon launches a new move: ally with a generalist

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The “divine” Elon launches a new move: ally with a generalist

December 3, 2020

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Tesla’s number one, Elon Musk, does not rule out possible alliances with traditional car manufacturers. He said this when answering a specific question at the Axel Springer Awards in Berlin. “We will certainly not start a hostile acquisition process – said Musk – but if a competitor were to find a good idea to merge with Tesla, we could talk about it” he added. In Germany Elon Musk is now more and more at home. that it wants to spend more time in Germany ahead of the opening of the Gruenheide plant near Berlin in the summer and has confirmed the production of 500,000 electric cars per year with the help of 12,000 employees. Who knows if before returning to the United States he will decide to meet once again like a few months ago with the CEO of Volkswagen Herbert Diess who in recent days was confirmed at the top of the Wolsburg Group, perhaps precisely to talk about a possible merger or a simpler industrial alliance.The Meb platform for specific cars for Europe? One of the objectives that could interest Tesla from an agreement with the Volkswagen Group, the one most committed to mass electrification could be the Meb platform that supports all the next electric cars of Vw. At the same time Musk is thinking of producing for Europe a model of dimensions compatible with the roads of the Old Continent and the Meb platform would be useful in a European key, but not only. Not to mention that Tesla could access the industrial capacity of a giant like Volkswagen with factories all over the world. Speculations to keep the attention on Tesla high? to make them possible, but there are also numerous other factors that, at the moment, make any hypothesis only an exercise in pure and sole financial speculation. On the other hand, the ceo of the Californian brand is not new to launching surprising messages. The important thing for Musk is to always keep the attention on his creature high, obviously drawing the maximum advantage: Tesla has earned almost 600% on the stock market since the beginning of the year. Tesla today has a market value of around 550 billion, while VW is valued at around 78 billion, Daimler 60, and BMW around 44.5 billion.

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