Tesla’s EV Lead Outstrips Industry Rivals, but Not for Long, Says Volkswagen CEO

Tesla, the world’s leading electric vehicle manufacturer, is moving at twice the speed than its competitors, said Herbert Diess, CEO of Volkswagen AG, the world’s second-largest EV manufacturer, at a June 1 conference at the CAR Symposium conference in Bochum, Germany.
Tesla has managed to secure its position despite factory shutdowns, a lack of computer chips, and other supply chain constraints since the pandemic.
Most of the automobile industry is still struggling with the CCP virus supply chain crisis, with battery production shortages being a main concern and it becoming an obstacle to the growth in future electric vehicle sales….

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