<blockquote>Volkswagen, BMW and Daimler are working on models that will be competitive with Tesla on technology, and thee U.S. company will soon be just one of several players with similar offerings</blockquote>

… well – it depends if you think that Tesla is a car manufacturer – or battery¬†innovator …¬†and Volkswagen might not be so focussed on this right now ….

[ Source : Tesla Should Be Afraid of German Carmakers – Bloomberg ]