Volkswagen plans ‘electric offensive’ against Tesla

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Cable to Elon Musk: The Germans are coming! Bavarian auto giant Volkswagen said Friday it plans to spend a staggering $50 billion over the next five years in a what it called an “electric offensive” that looks aimed squarely at Tesla. Volkswagen’s plan, chief executive Herbert Deiss said, is an all-out blitz that will roll…



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