Bernard Arnault, CEO of LVMH, invests in luxury car manufacturer Lotus.

The Battle for Electric Supremacy

Arnault, the current richest man in the world, now goes up against Elon Musk, the second richest man and CEO of Tesla.

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Tesla dominates the electric vehicle market while LVMH owns 75 luxury brands in different sectors.

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Lotus aims to challenge Tesla in the market, creating a new player in the automotive industry.

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The future of EVs remains to be seen with both Tesla and Arnault leading the charge in the industry.

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The competition between the two billionaires extends beyond wealth, now in the field of EVs.

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The competition between the two billionaires in the electric vehicle market is sure to bring exciting developments.

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