Tesla Inc. Setting Standard for EVs, VW Boss Admits

p>The electric vehicle (“EV”) industry as we know it probably wouldn’t have existed if it wasn’t for Tesla TSLA. When the California-based EV maker first unveiled the Tesla Roadster in 2008, the Toyota Prius was the only vehicle on the market that had an electric motor. The Roadster was the first highway-legal, mass-produced all-electric vehicle and, interestingly, the first production vehicle to be launched into deep space. More than a decade later after the Roadster revolutionized vehicular transportation, Tesla is the largest EV maker and the most valuable car company in the world.

Without a doubt, Tesla is at the top of the EV game. Volkswagen boss Herbet Diess is of the same opinion, recently stating that Tesla, which recently joined the exclusive trillion-dollar club, is setting the global standard for electric vehicles. Tesla’s CEO and multibillionaire Elon Musk recently spoke to Volkswagen executives via video link, with Diess confirming that Musk accepted his invite on Twitter and in a LinkedIn post. He said that Musk…

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