Electric Mercedes Opens German Assault on Tesla

Electric Mercedes Opens German Assault on Tesla
A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. Tesla is a story of many small setbacks, but great success. REUTERS/Kim Hong-Ji/File Photo
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STOCKHOLM/PARIS—Mercedes-Benz is set to unveil its much-anticipated electric SUV on Sept. 4, marking the start of a German onslaught against Tesla’s dominance of the fast-growing market for premium battery cars.

Daimler-owned Mercedes, BMW and Volkswagen’s Audi and Porsche divisions are all gunning for the $52 billion Californian upstart, with early publicity efforts emulating its tech-industry halo.