Unveiling the race for electric vehicle dominance, Volkswagen had set its sights on surpassing Tesla by 2025. With a jaw-dropping investment of $193 billion over 5 years, VW aimed to revolutionize their manufacturing, battery production, sourcing of raw materials, and fleet digitization. However, as we enter the second half of 2023, surprising developments emerge. Instead of accelerating production and sales, Volkswagen faces an unexpected twist—cutting back on production due to "customer reluctance" in purchasing their EVs. Meanwhile, Tesla's sales soar, raising questions about Volkswagen's path to electric vehicle supremacy. Elon Musk also has a major truck up his sleeve, which is launching the next generation Tesla platform, aimed at building a vehicle that's half the cost of a Model 3 or Model Y. This will compete directly at Volkswagen's price point and could decimate the second largest car maker in the world's car sales. #Tesla #ElonMusk #Volkswagen

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