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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.



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WATCH: Elon Musk Claims VW Is Second Only To Tesla In Electric Vehicle Progress

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