June 12, 2014

Tesla Shares its Electric Car Technology in Spirit of Open Source

In an attempt to spur innovation, Tesla Motors says that it will allow anyone to use its patented technology on electric vehicles â even its biggest competitors. In a blog post, company CEO Elon Musk says that Tesla will not initiate patent lawsuits against anyone using its technology "in good faith." He's made this decision in part because the electric vehicle landscape is so limited right now, with these vehicles representing less than one percent of major automakers' sales. Musk also believes that the current patent system often serves to stifle innovation and bolster large corporations, rather than helping out individual inventors.

 

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