Richard Branson Confirms Virgin is Developing Electric Cars

Richard Branson has just revealed that Virgin is currently in the midst of working on a selection of electric cars to potentially rival the offerings of Tesla.While speaking with Bloomberg at the recent Miami round of the FIA Formula E championship, Branson said “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.”