CEO Elon Musk unveils plans to give away the company’s entire patent portfolio to ‘clear a path’ for electric vehicles.
esla currently makes the Model S and is developing two vehicles. Photograph: Stan Honda/AFP/Getty Images
Electric carmaker Tesla Motors is handing over the keys to its technology in an unusual effort to encourage other automakers to expand beyond gasoline-burning vehicles.
Tesla CEO, Elon Musk, promised on Thursday to give away the company’s entire patent portfolio, as long as they promised not to engage courtroom battles over intellectual property.
“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,” Musk wrote in a blog on the company’s website.
The decision opens the door to more collaboration with Tesla, which is already making electric systems for Daimler and Toyota. Other automakers using Tesla’s technology could potentially share the cost of Tesla’s charging stations, for example. And more charging stations could entice sceptical buyers to try electric cars.