Tesla’s Elon Musk Giving His Ideas Away for Free

Posted by on June 13, 2014 in Business, Conscious Evolution, Conscious Living with 0 Comments

Alexander C. Kaufman | Huffington Post  | June 12 2014

Tesla is giving away its special sauce.

CEO Elon Musk pledged Thursday that the electric carmaker will not sue anyone who uses Tesla’s patented technology “in good faith,” in hopes of cultivating a bigger industry for rechargeable vehicles.

“If we clear a path to the creation of electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal,” Musk wrote in a blog post. “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.”

At a shareholder meeting earlier this month, Musk had hinted that he planned to do something “fairly controversial” with the company’s patents.

The rock star entrepreneur, who also founded the private space transport company SpaceX, said he originally secured patents to prevent the auto industry goliaths from absorbing Tesla’s trade secrets and crushing the startup. However, Musk said, the big players don't seem all that interested in Tesla's work.

Disappointed by what he described as big car companies’ “small to non-existent” investments in electric cars, Musk said he is letting others use the patented ideas in order to foster some creativity among other entrepreneurs.

Tesla pioneered the electric car market with its luxury Model S. By allowing others to use Tesla's good ideas, including patents on the technology used to build its network of supercharger stations, Musk could create more options for consumers looking to make the switch to an electric car.

A Tesla spokeswoman did not immediately respond to a request from The Huffington Post for comment.

According to the blog post, the company has taken down patents previously framed in the lobby of its Palo Alto headquarters.

It's a bold move by a man who once so feared knockoffs of his inventions that he called publishing patents “farcical.”

Carter Driscoll, a senior tech analyst at investment bank MLV & Co., told HuffPost that Tesla could be trying to entice innovators to build battery-powered cars that are compatible with Tesla chargers. Doing so would help Tesla become the industry backbone and expand its network of power stations without building them itself, he said.

“On the charging side, there is no standard,” he said by phone. “This is [Tesla] trying to standardize the technology they've created.”

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