That's not a lot of money for a giant like Daimler/Mercedes. Wish they'd do more. Off by a zero.— Elon Musk (@elonmusk) September 24, 2017
This caught the attention of Daimler, which responded with some info of its own. Specifically the company linked to a website that lists all of the company's investments into electric vehicles and the upcoming EQ brand. Along with that link, the company stated that the over $1 billion investment is in the Alabama factory where batteries and the first EQ electric crossover will be built. It is, in fact, spending over $10 billion on the rest of its EV development.
Musk, having been schooled, could only reply:
Good— Elon Musk (@elonmusk) September 25, 2017
Daimler also took on a few Musk supporters. One seemed to give Musk a bit too much credit for Daimler's investments.
I am sorry but we've announced this investment back in 2016— Daimler AG (@Daimler) September 26, 2017
And the other seemed to believe that Daimler isn't serious about EV plans.
the smart was the first #EV in mass-production since 2007. We are working on Evs for over 100 years and we believe in it's potential— Daimler AG (@Daimler) September 26, 2017
Also, just as a recap of some of Daimler and Mercedes-Benz's electric plans: The company plans to introduce a full electric crossover for 2020, with a total of 10 EVs by 2025. Additionally, the company announced that it should have 50 electrified models, which will include hybrids, by 2022, and the Smart brand will eventually go fully electric, globally, expanding on a previous announcement that it would go fully electric in America.