“The German carmakers will recover strongly”

Elon Musk

The CEO soon sees Tesla as a German automaker.

(Photo: imago images / ZUMA Wire)

Frankfurt One day after the record run of the Tesla share, company boss Elon Musk expressed his appreciation for Volkswagen, Daimler and BMW. The German carmakers would recover strongly, he explained on Twitter. “You have great talent that will not sit around idly.” Tesla itself will soon be a German automobile manufacturer.

On Tuesday, the Tesla share, spurred on by a major order from the car rental company Hertz, jumped the $ 1,000 mark, the market value was over a trillion dollars for the first time – more than three times as high as the valuation of the German car companies on the stock market.

The electric car pioneer from California is increasingly digging the water from European car manufacturers. In September, the Tesla Model 3 was even the best-selling car model in Europe with 24,591 units, ahead of the Renault Clio, Dacia Sandero and VW Golf, as market researchers from Jato Dynamics explained. They also pointed out that Tesla traditionally creates a particularly high sales figure in the last month of a quarter.

From January to September, the Volkswagen Group claims market leadership in battery electric cars in Europe with a share of 26 percent. The brands VW, Audi, Porsche and Skoda brought it together to 209,800 vehicles.

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