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- VW knows it must become a tech company to compete with Tesla
Posted by : Brij Bhushan
Friday, 17 January 2020

German marque, and the world’s largest car maker by sales, Volkswagen (VW) appears to be wising up to the changing landscape of the automobile world. In a meeting with more than 100 company managers in Berlin this week, VW CEO Herbert Diess said that the company will have to “slaughter some sacred cows” and transform into a tech company if it’s to survive, the FT reports. In other words, VW is going to have to retire beloved vehicles in favor of greener alternatives. It seems that VW is growing increasingly aware of how companies like Tesla are shaking down the…
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