Virgin Group CEO Richard Branson has tackled everything from space and music, to airlines and MVNOs. Now, he has his sights on Tesla.
Bloomberg reports Branson explained his motive for his Virgin Racing subsidiary’s involvement in Formula E when the he and and the team were in Miami last weekend:
We have teams of people working on electric cars. So 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 Engineering is among the few companies working on electric vehicles, which include Nissan, Audi and Apple. However, Branson concedes that Tesla is the one leading the way, proclaiming the company’s cars “as sexy as any other car on the road today.”
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