Tesla patents. Go ahead and use them.

[foghorn67]

http://www.teslamotors.com/blog/all-our-patent-are-belong-you

Holy....
Crapple and Gurgle. Take note.

 

[Exterous]

Just one more reason to like Elon

 

[rh71]

because he's already rich - good for him

http://abcnews.go.com/Business/elon-musk-gain-giving-teslas-patents/story?id=24111407

I'm surprised to see they are a public company though - how shareholders may think this is an ok idea... hmm...

Another thought - what's to stop another company from taking an idea, improving upon it, and patenting it themselves? Kills the spirit of the move.

 

[MongGrel]

Interesting.

 

[mrjminer]

Pretty cool.

I need to go take some online MIT engineer courses now and make a Transformer.

 

[Sho'Nuff]

http://www.teslamotors.com/blog/all-our-patent-are-belong-you

Holy....
Crapple and Gurgle. Take note.

Translation - our technology is not profitable now because large auto manufacturers won't adopt it and the installed infrastructure does not support it. We will try to increase adoption by donating technology to the public. Once adoption is increased, we will kick ourselves and our company will go out of business because we will be subjugated by those who can make and use our technology more efficiently and at lower cost. We might feel good that we brought the world closer to the electric car. But we will be out of business nonetheless.

Oh . . . and our investors will be pissed at us and may sue the Board of directors for recklessly endangering the financial future of the company in favor of a idealistic goal, which has no business driving the bottom line of a company.

I sense a big "DOH" from Elon in the future. And a huge drop in Tesla stock.

 

[Sho'Nuff]

Another thought - what's to stop another company from taking an idea, improving upon it, and patenting it themselves? Kills the spirit of the move.

Nothing. All Tesla did by this was ensure their failure as a business. I suspect they will reconsider. Soon.

 

[Rakehellion]

I thought they were going out of business anyway.

 

[Imported]

I see it more as a way to get Tesla to be the main supplier of batteries of other companies adopting their technology down the road.

 

[gotsmack]

I bet there are tricks hidden somewhere, like if you use the patents, all other patents you develop off of that tech will be open as well. Which is smart. Also there might be joint venture patents that are not part of the deal, most likely revolving around the battery.

I like it and as a share holder I'm not worried. Elon is a smart guy, I'm sure he figured everything out before setting the patents free.

 

[mrjminer]

I bet there are tricks hidden somewhere, like if you use the patents, all other patents you develop off of that tech will be open as well. Which is smart. Also there might be joint venture patents that are not part of the deal, most likely revolving around the battery.

I like it and as a share holder I'm not worried. Elon is a smart guy, I'm sure he figured everything out before setting the patents free.

Yea, I didn't read the conditions on the release. They could very well have a viral license similar to GPL attached to their usage.

 

[Eli]

When I started out with my first company, Zip2, I thought patents were a good thing and worked hard to obtain them. And maybe they were good long ago, but too often these days they serve merely to stifle progress, entrench the positions of giant corporations and enrich those in the legal profession, rather than the actual inventors. After Zip2, when I realized that receiving a patent really just meant that you bought a lottery ticket to a lawsuit, I avoided them whenever possible.

This is awesome. Major kudos to Tesla.

 

[momeNt]

Translation - our technology is not profitable now because large auto manufacturers won't adopt it and the installed infrastructure does not support it. We will try to increase adoption by donating technology to the public. Once adoption is increased, we will kick ourselves and our company will go out of business because we will be subjugated by those who can make and use our technology more efficiently and at lower cost. We might feel good that we brought the world closer to the electric car. But we will be out of business nonetheless.

Oh . . . and our investors will be pissed at us and may sue the Board of directors for recklessly endangering the financial future of the company in favor of a idealistic goal, which has no business driving the bottom line of a company.

I sense a big "DOH" from Elon in the future. And a huge drop in Tesla stock.

I agree, he probably rolled out of bed and wrote that letter thinking about it for less time than it took you to post this.

 

[cubby1223]

Nothing. All Tesla did by this was ensure their failure as a business. I suspect they will reconsider. Soon.

?

Here's the problem - his business and his sales are being held back in part by the lack of infrastructure needed to support electric vehicles.

There are people who would most definitely consider buying electric vehicles but don't have the ability to recharge the batteries in any reasonable fashion. His business's growth depends on other people pouring money into the electric car infrastructure.

 

[Jeff7]

Given that annual new vehicle production is approaching 100 million per year and the global fleet is approximately 2 billion cars, it is impossible for Tesla to build electric cars fast enough to address the carbon crisis.

I sure hope that the majority of the power generated in the US isn't from fossil fuel sources.

:hmm:


(Goddammit where are the Gen IV nuclear reactors?!? Right now with our terribly inefficient reactors [1-5% fuel], the amount of waste produced by a lifetime of energy consumption is small, a lump the size of your hand. Gen IV reactors are looking to consume >90% of the fissile material in a given amount of fuel, and they can use existing waste stockpiles as fuel.)

 

[cubby1223]

Our true competition is not the small trickle of non-Tesla electric cars being produced, but rather the enormous flood of gasoline cars pouring out of the world’s factories every day.

^^ That

 

[norseamd]

Translation - our technology is not profitable now because large auto manufacturers won't adopt it and the installed infrastructure does not support it. We will try to increase adoption by donating technology to the public. Once adoption is increased, we will kick ourselves and our company will go out of business because we will be subjugated by those who can make and use our technology more efficiently and at lower cost. We might feel good that we brought the world closer to the electric car. But we will be out of business nonetheless.

Oh . . . and our investors will be pissed at us and may sue the Board of directors for recklessly endangering the financial future of the company in favor of a idealistic goal, which has no business driving the bottom line of a company.

I sense a big "DOH" from Elon in the future. And a huge drop in Tesla stock.

what happens when something conflicts with some self supporting dogmatic culture of thinking?

 

[ponyo]

Nothing. All Tesla did by this was ensure their failure as a business. I suspect they will reconsider. Soon.

I don't think this will ensure their failure. Not at all. They might fail but this won't be the reason. I think this can only help them if it will help the electric car adoption.

 

[T9D]

Because if other companies use the patents and spend billions improving on them, then Tesla will get to use those new ones also. Since they are based on their tech and patents. Which is fine if anyone takes the bait. And everybody wins.

 

[norseamd]

tesla already has brand name recognition that is equal to any intellectual property

 

[MongGrel]

I don't think this will ensure their failure. Not at all. They might fail but this won't be the reason. I think this can only help them if it will help the electric car adoption.

I tend to agree.

 

[OlafSicky]

Stupid move and will not help them in any way

 

[Printer Bandit]

he will get murdered by Big Oil.

 

[Miramonti]

This is a bit surreal to see him doing this. However, success is the best answer to critics, and I certainly hope Tesla achieves long term success.

 

[norseamd]

This is a bit surreal to see him doing this. However, success is the best answer to critics, and I certainly hope Tesla achieves long term success.

guys like elon musk and richard branson are successful off their own intelligence and drive to do what it takes and western crony culture hates them for not going along with the wasteful and dystopic quagmire