- Shares of Tesla initially rise Thursday after a German business publication reports that Volkswagen CEO Herbert Diess is interested in buying a stake in the company, citing sources.
- The stock pares some of its gains after Volkswagen denies the report.
- A VW spokesman tells CNBC the report is “completely unfounded.”
Where did they get a crazy idea of a VW acquisition? Well, from stories like this one.
The Kicker Blog 