August 22, 2019 / 1:25 PM / 25 days ago

Volkswagen says it is not interested in buying a Tesla stake

FILE PHOTO: The logo of the Volkswagen is pictured during a ceremony marking the end of production of VW Beetle cars, at company's assembly plant in Puebla, Mexico, July 10, 2019. REUTERS/Imelda Medina

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 (TSLA.O).

“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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