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Volkswagen brand CEO says Tesla has abilities Volkswagen lacks

Herbert Diess speaks during the World premiere of Volkswagen's new Polo in Berlin, Germany June 16, 2017. REUTERS/Stefanie Loos

FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) the world's largest carmaker by sales, is looking to loss-making startup Tesla (TSLA.O) for inspiration on how to improve its core business, the VW brand's chief executive Herbert Diess said in an interview published on VW's website.

Asked who VW’s main competitors are, Diess told an internal company publication: “In the old world it is Toyota, Hyundai, and the French...