- 1 year ago

VW's diesel emissions revelations will help electric car makers like Tesla

teslamodels520x245.jpgVW has admitted that up to 11 million vehicles it made could be misreporting their true emission levels. The markets crashed on hearing the news, wiping significant value off the company. This morning they crashed again. However, while the auto industry as a whole is in for a rough ride in the coming months, it's good news for electric car makers like Tesla, which saw stock prices rise marginally. A small gain is considerably better than wiping out around 20 percent of the company's value in one day, as happened with Volkswagen. With the benefits of diesel being overstated, the market… This story continues at The Next Web
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