Sunday, 15 June 2014

FREE PATENTS FOR ELECTRIC CARS -Tesla - Our Patents Belong To The People


Electric-car maker Tesla (NASDAQ:TSLA) has come a long way, and now it’s extending a helping hand out to would-be competitors in an unprecedented and very surprising move. CEO Elon Musk announced in an aptly-named blog post that Tesla is opening up all of the company’s patents, effectively making the technology powering their vehicles open source. In stark contrast to what has been happening between other tech companies, namely Apple (NASDAQ:AAPL) and Samsung, Musk says Tesla will not engage in patent lawsuits, and instead, is happy to share its technology with anyone who wants to use it.

“Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology,” he said.

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