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February 19, 2015 AT 8:27 am

Elon Musk Clarifies That Tesla’s Patents Really Are Free; Investor Absolutely Freaks Out @elonmusk

Elon Musk Clarifies That Tesla’s Patents Really Are Free; Investor Absolutely Freaks Out | Techdirt.

Tesla opening up its patents seems like a move that shows how confident it is in its execution abilities, and makes the company a lot less likely to rest on its laurels and become nothing but a “licensing” company down the road. The fact that people who don’t understand what a mess patents are and how they slow down innovation are now jumping in making ridiculous claims like Tesla’s decision is why Apple can now jump into the EV car market just shows how little some people understand patents. The “myth” of patents as a powerful tool of innovation is still out there, and that’s a shame.

Thanks Elon.


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