Mercedes Trolls Elon Musk On Twitter Over $1 Billion EV Investment

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Elon Musk trolls Mercedes over Tuscaloosa expansion, MB hits back

Updated ; Posted
Mercedes Benz Announcement September 2017
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Mercedes-Benz's $1 billion expansion announced last week caught the attention of the luxury car maker's biggest competition in the electric vehicle market.

elon musk.PNG>Elon Musk

Last Thursday, the company announced it would begin manufacturing electric SUVs for the company's EQ brand, hiring another 600 people.

In addition, it will build a new one million square foot battery plant near the vehicle factory, making it the company's fifth battery plant globally. Construction on it is expected to start next year, with production to begin around 2020. Work has already started on a logistics center and after-parts hub in neighboring Bibb County.

Industry observers said it was Mercedes positioning itself against Tesla, the electric vehicle company headed by Elon Musk.

On Sunday, Musk tweeted:

tweet 1.PNG>

This prompted Mercedes' parent company Daimler to respond, pointing out the company's larger investment in electric vehicles:

You're absolutely right @elonmusk. Here the missing zero: Investing >$10bn in nxt gen EVs & >$1bn in battery prod. [?] https://t.co/Tk747isWAc

— Daimler AG (@Daimler) September 25, 2017

Musk then responded:

tweet 2.PNG>

Source : http://www.al.com/business/index.ssf/2017/09/elon_musk_trolls_mercedes_over.html

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