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Richard Branson teases Tesla-rivalling Virgin electric cars

Andy Vandervell


Richard Branson

Sir Richard Branson has teased a possible rivalry with Tesla, suggesting that Virgin could be working on electric vehicles for consumers.

In a recent interview with Bloomberg, the billionaire spoke about how Virgin already has ‘teams of people working on electric cars’.

Importantly, he added: “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 is no stranger to electric motor engineering; the Virgin Racing Engineering division has already developed cars that compete in the electric vehicle racing series Formula E.

Considering Virgin is already well under way with development for racing-tier electric cars, it wouldn’t be a huge stretch to see the company scaling the tech to a consumer level.

Tesla’s growing popularity is a sure sign that there’s big money in the future electric vehicle market. Virgin making an early play in the sector could make it easy to capitalise on the trend later on.

Related: Elon Musk's 5 craziest tech ideas for the future

Branson also outed his admiration for Tesla’s vehicles, stating: “Tesla is as sexy as any other car on the road today.”

It’s worth noting that Branson’s Virgin empire currently consists of over 400 companies, so he’s not exactly fearful of new business ventures.

Virgin also currently competes with Tesla in the space industry; Virgin Galactic is eyeing up consumer-facing space exploration, facing off against Telsa CEO Elon Musk’s SpaceX.


March 21, 2015, 12:12 am

Thats the problem with Branson and Virgin. Too many fingers in too many pies. He uses himself and his brand to attract publicity and growth that is quite often passing. Of his 400 companies, how many are really successful. Single...double figures at most. Virgin Atlantic has been loss making for years. Little Red is already in trouble. Virgin Trains only has a temporary contract. Virgin Money was formed after our government sold the good part of Northern Rock for a quite outrageously knockdown price. Virgin Media was sold in 2013. Virgin Active IS profitable. Anyone remember Virgin Cola, Virgin Brides, Virgin Cosmetics, etc. And Virgin Galactic is hardly eyeing up consumer facing space exploration. For $250,000 you will fly 68 miles above the Earth and experience zero gravity for a few minutes. You will see the curve of the Earth, but not the whole Earth. If you have a lot of money and want to see a bit of space then go and talk to the Russians. Less than eight hundred people have signed up for Virgin Galactic, and quite a few have already asked for deposit refunds.


March 22, 2015, 1:04 am

Charge those Tesla rivaling Virgin EVs with a new EV solar charging system equipped with new Hyper X 2 double sided solar panels and really make your EV pay off.

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