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Volkswagen says it is not interested in buying a Tesla stake

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FILE PHOTO: Volkswagen AG CEO Dr. Herbert Diess speaks at a news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla.

“The speculation about buying a stake in Tesla made by Manager Magazin is without merit,” a Volkswagen spokesman said in a written statement to Reuters.

Reporting by Edward Taylor; Editing by Michelle Martin

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via Reuters