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Germany is on the brink of recession as its auto industry slumps. Tesla and the rise of electric cars are putting pressure on VW and BMW //
The sweeping electric car pivot that's being led by Tesla is starting to have an impact on Europe's biggest economy - Germany, by striking at its backbone, the automobile manufacturing industry. | //
- Germany is on the brink of recession after growth slowed to zero in the last quarter.
- The economy is being dragged down by a seismic slump in car manufacturing.
- The Tesla effect – and the shift to electric vehicles – is leaving Germany in dire straits.