Tesla Model S’ success screwed VW’s plans for the new electric Phaeton, CEO admits

Tesla’s strategy has clearly inspired the electrification plans of several automakers and new startups. For example, former GM executive Bob Lutz admitted that Tesla’s Roadster pushed him to make the Chevy Volt happen.
Now Volkswagen CEO Herbert Diess admits that what Tesla did with the Model S forced the automaker to rethink its plans for the Phaeton.
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