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

Secure remote control for conventional and virtual desktops

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. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
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.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
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.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.