Daimler Shareholders Express Concern Over Automaker’s Lack Of A Tesla Model 3 Competitor

At the German company’s annual meeting, Daimler shareholders voiced concerns about the lack of competitive vehicle offerings. Portfolio manager, Ingo Speich, from Union Investment, said that there is worry that the future of premium German automakers may be at stake. He said the industry is facing “a radical upheaval, driven by attacks from Silicon Valley”. … …read more