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Elon Musk Giving Away Tesla Technology For Free

Jun 14, 14 Elon Musk Giving Away Tesla Technology For Free

The demand for low emission, high efficiency vehicles is at an all time high. With the cost of fuel going through the roof and air pollution a big concern, vehicle manufacturers are producing cleaner burning, better fuel mileage, hybrids and all-electric vehicles to meet the need.

One company that has built all-electric vehicles, with Elon Musk at the wheel, is Tesla. His high performance, long range, all-electric cars have become quite the topic in recent years. The company has built charging stations around the country to allow people to take long drives without the worry of where to recharge their car.

Tesla recently made a history-making announcement. It will be releasing every patent for their electric vehicle — for free. This will allow other companies to copy Tesla’s technology in the manufacturing of electric cars and charging stations.

“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,” Musk wrote in a blog. He also believes the world will benefit from having access to his technology of zero-emission vehicles.

Tesla had been holding the patents so other companies couldn’t copy the technology and patent first, pushing Tesla out of the market. However, now that the company is well established and growing, it is unlikely that would happen. Out of the 100 million vehicles produced annually, less than one percent are zero emission and Musk says competition is “noticeably absent.”

“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,” he writes.

Musk explained that the company “felt compelled to create patents out of concern that the big car companies would copy our technology and then use their massive manufacturing, sales and marketing power to overwhelm Tesla. 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 percent of their total vehicle sales.”

Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology,” Musk wrote.

Musk’s bold move was made in order to try to encourage other manufacturers to produce more all-electric vehicles. “I don’t think people quite appreciate the gravity of what is going on [with regard to global warming] or just how much inertia the climate has. We really need to do something. It would be shortsighted if we try to hold these things close to our vest,” Musk stated during a conference call.

Current all-electric vehicles are quite expensive. With more companies producing fully electric cars, it stands to reason the cost of purchasing one would drop and there would be more electric cars on the road, which means less emissions filtering into the air and, as a result, a cleaner atmosphere.

Image Credit: Thinkstock

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