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Tesla Motors, Inc.

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Tesla Inc. (Nasdaq: TSLA) CEO Elon Musk met with him Volkswagen A.G. (OTC: VWAGY) In a video released by a German automaker, Herbert Dies, ID3 and ID4 electric cars were driven by the counterpart at a small airport.

what happen: The meeting took place at Brunswick Airport, where the Tesla CEO received a preview of VW’s ID range in a tweet from the German automaker.

That was the video Posted by On Diaz’s LinkedIn account, Musk noted that “available torque is critical at high speeds.” When taking the ID.3 test drive.

“To be clear: we drove and chatted with ID3 – there was no contract or cooperation in the production,” Volkswagen CEO LinkedIn said.

“I think this is great for a non-sporty car,” Musk said.

Why it matters: The ID.4 vehicle can also be seen in the background video, as confirmed by Diaz on LinkedIn.

Volkswagen began production All-Electric ID.4 In Germany. The automaker said last month that production in the United States would begin in 2022.

Musk visits Germany to assess progress at Tesla’s Berlin Gigafactory RNA microfactors It can be used to make German drug maker Of CureVac BV (Nasdaq: CVAC) If the COVID-19 vaccine is approved by the regulator.

German Finance Minister Peter Altmeier has pledged the country’s support for Muscovite Required To start the factory last month.

See also  Dow fell 700 points on Monday as investors re-evaluated risk amid rising corona virus cases.

Price activity: Shares of Tesla rose 2.8 percent to $ 418.32. Shares of Volkswagen OTC rose 1.75 percent to $ 18.03 on the same day.

Photo credit: Alexander Miguel via Wikimedia

© 2020 Benzinga.com. Benzinga does not provide investment advice. all rights reserved.

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