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Thursday, June 12, 2014

Elon Musk opens up Tesla patents; it 'isn't entirely altruistic' - Los Angeles Times

The Tesla Model S just became the world's first open-source car.

Elon Musk, chief executive of Tesla Motors Inc., said Thursday that he was opening up the electric car company's patents to all comers.

"Technology leadership is not defined by patents, which history has repeatedly shown to be small protection indeed against a determined competitor," Musk said, "but rather by the ability of a company to attract and motivate the world's most talented engineers."

The dramatic move — automakers and other businesses usually guard patents jealously — is intended to help speed the adoption of electric cars. Many of the patents relate to electric powertrains and how to integrate them into vehicles, Musk said.

The patents should provide modest help to other automakers without hurting Tes! la, he said.

The automaker is named for Serbian inventor Nikola Tesla. In 1907, Tesla's alternating current technology was being licensed by Westinghouse Electric &! ; Manufacturing Co. Tesla sold Westinghouse his patents for a $216,000 lump sum — less than 2% of what they were said to be worth — to help the electronics company defend Tesla's technology from Thomas Edison and his direct current technology.

Westinghouse survived. But it didn't turn out well for Tesla, who died penniless in a small New York hotel room in 1943.

@tiffhsulatimes

Jerry Hirsch on Twitter: @LATimesJerry

Copyright © 2014, Los Angeles Times

1:11 and 3:48 p.m. PDT: This story was updated with additional reporting and details.

Source : http://www.latimes.com/business/autos/la-fi-hy-elon-musk-opens-tesla-patents-20140612-story.html

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