Wasn't long ago VW was lying about intent to spend 300 billion or so to compete with Tesla in the coming years. Now it plans to spend 1/6th of that. Tesla isn't slowing down. Even if VW doesn't lose share or manages to stay the same it will sell 77 million vehicles over the next 7 years but this utter piece of sht firm as a pure petrol front says it will sell a mere 3 million EVs in that period or 4%. This is the fail convincingly BS just like they tried to convince the German public their Diesel was cleaner. http://www.theedgemarkets.com/article/vw-just-gave-tesla-us25-billion-battery-shock Does VW think something changed because the party of W. Bush told it petrol wasn't going away and pulled out of Paris like W. with Kyoto? The W. admin sank the global economy with its petrarchy BS and it ended in defeat and humiliation, leading to the birth of Tesla- Obama was very clear that petrol is what sunk the global economy because it isn't economically viable. And if VW is paying attention the sinking T admin just fired Tilerson. VW needs liquidation. I'd at least love to see it ejected from the US market. Can't see me buying a VW every or being very approving anyone else I know purchasing one. Two companies the world would be better off without VW and GM.