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Last i heard Diess has been demoted due to VW family held share holders. Not good for VWs EV prospects. He was on the right track but short term thinking shareholders are holding VW back which may see it's downfall.
As a minor shareholder this is the first I've heard of this. So I'd have to say this is definitely fake news. We did vote on putting him back on the board recently after he was required to step down as chairman by the SEC.