Richard Branson, founder of the Virgin Group which includes Virgin America airlines and Virgin Mobile, has said he might consider getting into the electric car business to compete against Tesla Motors
Branson made the comment to CNN's Rachel Crane during an electric car race in Miami in which Branson's Virgin Racing was competing. The Formula E race, which is operated by the same organization that runs Formula 1 racing, pits single seat electric cars against each other in races that last about 45 minutes. Because the cars' batteries are depleted quickly by high speed driving, drivers change cars during a pit stop half-way through the race.
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