article_snippet: Billionaire entrepreneur Richard Branson's Virgin Group may take on Tesla Motors and other companies in developing electric cars.
article_snippet: Branson, whose empire ranges from airlines to music stores, mobile phones and spaceships, said electric cars may be next. '
article_snippet: Billionaire entrepreneur Richard Branson's Virgin Group have teams of people working on electric cars,' Branson told Bloomberg TV in Miami where his Virgin Racing team competed in the all-electric Formula E race that involves battery-powered cars.
article_snippet: Branson runs a two car team in the Formula E contest - and hinted Branson may use the races to develop an electric car to take on Tesla. '
article_snippet: Branson's Virgin Galactic is a commercial spaceflight company that competes with SpaceX, which was founded by Tesla CEO Elon Musk. '
article_snippet: we are working with the Virgin Formula E team to develop the plan for next season's cars,' Virgin Group spokesman Nick Fox told Reuters. '
article_snippet: Branson could take on Tesla CEO
article_snippet: Elon Musk Tesla electric car firm, according to Branson.
article_snippet: Branson told Bloomberg TV, 'Tesla is as sexy as any other car on the road today.'
highlights_snippet: Branson's Virgin Racing team competes all-electric Formula E series .
  