Feeds

Car titans WON'T STEAL our tech, says Musk: DAMNIT, I'll GIVE IT to 'em

Elon Musk's 'leccy carmaker won't sue 'good faith' borrowers

The Essential Guide to IT Transformation

Tesla boss Elon Musk has announced that the electric car company is opening up its patent portfolio for use by rival carmaking firms.

The PayPal/SpaceX/Tesla tycoon said that the firm will make its patent holdings available to others and will not file suit against companies who use its patented technology in what Musk terms "good faith."

"Tesla Motors was created to accelerate the advent of sustainable transport," Musk said when announcing the company's new policy.

"If we clear a path to the creation of compelling electric vehicles," he said, "but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal."

The goal of the move, said Musk, is to encourage other companies, particularly larger automakers, to pursue electric vehicles. He said that Tesla executives had previously feared larger automakers would copy Tesla technology then push the company out of business, the firm has instead found itself alone in the market.

"We couldn’t have been more wrong. The unfortunate reality is the opposite: electric car programs (or programs for any vehicle that doesn’t burn hydrocarbons) at the major manufacturers are small to non-existent, constituting an average of far less than 1 per cent of their total vehicle sales.

"At best, the large automakers are producing electric cars with limited range in limited volume. Some produce no zero emission cars at all."

Tesla's move should come as a breath of fresh air to those who have grown sick of the barrage of infringement suits from "patent troll" firms who exist solely to purchase and license intellectual property to other companies, or the large firms such as Apple and Samsung who continue to bicker over patent-infringement claims.

The move could also be part of a bid by Tesla to bring the public around on electric cars. The company has faced an uphill battle in the market, due in part to competition from other automakers and government regulations, which have limited the company's access to some markets.

Multiple US states have restricted Tesla's direct-sales model, citing laws that require automakers to distribute through third-party dealerships. ®

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.