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Tesla is getting accolades from the competition over its financial results amid the COVID-19 pandemic as the head of Volkswagen says that he believes the electric automaker could become the world’s most valuable company.

 

Last week, Tesla announced its Q2 2020 financial results and crushed expectations by delivering a profit despite a difficult situation due to the global pandemic.

Tesla’s results come as almost all other automakers are reporting notable losses due to crashing sales during the second quarter.



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Volkswagen CEO Pretty Much Concedes, Tesla Will Be The Most Valuable Automaker On The Planet

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