The Volkswagen emissions scandal has seen its shares plunge. Janice Roberts of MoneyMarketing considers the wisdom of investing in VW and wonders whether Tesla would not be a better investment.
It’s only natural that some will view Volkswagen’s share plunge as a buying opportunity. Unless you’re living in another universe, you’ll know by now that the car manufacturer has been caught trying to fool US regulators into thinking that emissions from its diesel cars were lower than they actually were. (What the manufacturer did was invent software that would lower diesel cars’ emissions during inspections). (more…)
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