Elon Musk rips Mercedes' electric vehicle goals, Mercedes hits back

Get the Full StoryAfter Elon Musk expressed disappointment with the electric vehicle investments of Daimler, the parent company of automaker Mercedes-Benz, the company shot back at Musk with its grander electric ambitions.

On Sunday, a USA TODAY Money tweet reported Daimler's commitment of 1 billion dollars to upgrade an existing Mercedes factory and build a new battery plant in Tuscaloosa, Alabama, where Mercedes plans to produce its futuristic, all-electric SUVs. Musk, however, was not impressed with just a 1 billion dollar investment from such a massive, legacy automaker.

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