UK's richest man spends $940 million to build rival electric vehicle of Tesla
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James Dyson, UK’s richest man with an estimated wealth of 16.2 billion pounds (around ₹1.5 lakh crore), decided to spend 500 million pounds (around ₹7,125 crore) of his own money to produce an electric car that he claims can rival Tesla. Dyson's electric car, codenames N526. The seven-seater electric SUV will have a range of 965 kms (600 miles), as per the claims. The car has a top speed of 201 kmph.