The CEO of Tesla motors is freeing up its patents. This is quite a controversial move.
Tesla Motors CEO, Elon Musk has a few cards hidden away up his sleeves. He is making a move that just might pay off big time for his company. The patents that are the rightful property of Tesla are being laid wide open for the rest.
Buy Now: Sony PlaysStation VR In Stock Here
Specifically, the Supercharger System that his company is famous for will be a free-to-copy blueprint for other organizations that deal in electric cars. And within this is a clause that says that Tesla is doing all it can for the good of the group.
Some of the patents and reserved rights of key documents may be given away free of charge to various other firms. These include electric car components that are crucial for Tesla. This is being done so that the whole infrastructure we have today regarding electric car relay can be improved.
Of course, this is not a one way street. Other car companies will have to become partners with Tesla if they want to benefit from the patents. And the Supercharger System is not just a frilly concept in engineering.
It has a value of its own. And although this decision taken by Elon Musk was fairly bold and controversial, it might be a long term strategy that is very beneficial for Tesla Motors.
When asked regarding this seemingly reverse-move of sorts, Elon could only say this much that an explanation would have to be lengthy and carefully constructed. God as they say is in the details. Electric cars it seems are the wave of the future. And this fact is even more relevant since the stage of peak oil has been reached.
Don't Miss: iPhone 8: Everything You Need to Know
Elon’s plans may backfire, yet there is a slim chance of success and that is all that is enough to fill his heart with joy and anticipation. "I was hoping other companies would engage in more serious electric-car programs," Musk says.