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VW plans Tesla rival electric car for less than 20,000 euros: source

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make the Tesla (TSLA.O) rival, a source familiar with the plans said.

More www.reuters.com/article/us-volkswagen-strategy-electric/vw-plans-tesla-rival-electric-car-for-less-than-20000-euros-source-idUSKBN1ND2C2

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