Virgin’s Richard Branson Hints at Tesla Rival

Richard Branson is a man who loves having his fingers in as many pies as possible, and it seems he’s pushing his thumb into the pastry of electric cars, suggesting that his company Virgin may soon be competing with Elon Musk’s Tesla electric car manufacturer.

Branson, in an interview with Bloomberg, said that his Virgin racing outfit has “teams of people working on electric cars,” and that, “you never know—you may find Virgin competing with the Tesla in the car business as we do in the space business. We will see what happens.”

Virgin Racing Engineering is already working on a new electric vehicle platform which it intends to enter in Formula E, the new electric car racing league. Virgin will be joining the roster of ten teams next season.

Source: TechCrunch