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Mercedes Is Standing on Tesla's Doorstep

Mercedes Is Standing on Tesla's Doorstep

German automaker Daimler (OTC: DMLR.Y) is taking its case to the public this week for its upcoming Mercedes brand electric vehicles (EVs). The company highlighted its EQS luxury sedan, and said it will unveil its all-electric compact EQB SUV this weekend at the Mercedes-EQ night in Shanghai. Both vehicles will directly take on Tesla (NASDAQ: TSLA) on the global stage.