4 years ago
Volkswagen’s BEV sales could beat Tesla’s next year, says Deutsche Bank
With shares up more than 50% so far this year, Volkswagen has been showing its teeth in the red-hot automobile industry race to produce electric vehicles. And by next year, the German auto maker’s battery-electric vehicle (BEV) sales could outpace that of industry giant Tesla TSLA, -3.39%, said Deutsche Bank analysts, who lifted their price target on buy-rated Volkswagen VOW, +0.43% to €270 from €185 per share in a note to clients on Monday.
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