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 “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology,” - Tesla’s decision to share its patents with other manufacturers was seen as much self-interest as charity, and also sparked speculation that a long-term deal with BMW of Germany might be possible Earlier this week, Tesla Motors Inc CEO Elon Musk said he would open up the companies technology patents to all-comers. “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology,” Musk said. Tesla reportedly hasn’t patented some its most important technologies, and their secrets would remain in-house. Tesla sees merit in placing electric cars, regardless of brand, on almost every drive The thinking was that it would be better for a small, upstart car manufacturer like Tesla if other competitors were able to make electric vehicles more ubiquitous and this would make them more acceptable to a bigger buying public. It might also help competitors turn away from the move towards fuel-cell vehicles...more MORE LIKE THIS: > STOCK MARKET VIEW | Tesla investors shaken by S&P “junk” rating 03 Jun 2014 > STOCK MARKET VIEW | BMW expected to continue hot profit streak 15 May 2014 > STOCK MARKET VIEW | Peugeot - Lion scratching for food 30 Jan 2014 |
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