Because we simply don't have enough drama in the world right now, it seems that Tesla's Elon Musk and Daimler AG, the parent company of Mercedes-Benz, have engaged in a Twitter tussle. It seems to have started when Musk shared a story from USA Today that covered Mercedes-Benz's $1 billion investment in electric cars. It's possible this story jumped out at Musk since the headline specifically highlighted Tesla as the company Mercedes is looking to beat. In addition to sharing the article, Musk stated that it wasn't a lot of money for such a big company, suggesting Mercedes should be spending $10 billion.
That's not a lot of money for a giant like Daimler/Mercedes. Wish they'd do more. Off by a zero.— Elon Musk (@elonmusk) September 24, 2017
This caught the attention of Daimler, which responded with some info of its own. Specifically the company linked to a website that lists all of the company's investments into electric vehicles and the upcoming EQ brand. Along with that link, the company stated that the over $1 billion investment is in the Alabama factory where batteries and the first EQ electric crossover will be built. It is, in fact, spending over $10 billion on the rest of its EV development.
You're absolutely right @elonmusk. Here the missing zero: Investing >$10bn in nxt gen EVs & >$1bn in battery prod. ]]>👉