Elon Musk believes Volkswagen is the company making the most progress on electric vehicles besides Tesla, the billionaire entrepreneur said during an interview with Financial Times.
Asked which EV startup has impressed him the most, Elon Musk avoided a direct answer, giving a rather surprising reply. He didn't nominate actual startups like Rivian, Lucid, Nio and so on, singling out legacy automaker Volkswagen instead.
"I think the company making the most progress besides Tesla is actually VW which is not a startup but could be viewed in some ways as a startup from an electric vehicle standpoint. So VW is doing the most on the electric vehicle front."