When one thinks of Tesla (TSLA), he likely envisions luxury electronic cars. Tesla's early Roadster concept and Model S are extremely popular, highly demanded, and super expensive machines (the Model S is the only car with a resale value above its initial purchase price). Thus, it's no secret that Tesla caters to a wealthy clientele.
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Storm On The Horizon
Last month, my colleague, Zac Cherin, covered Tesla Motors CEO Elon Musk’s decision to share Tesla’s technology patents with its competitors. His analysis of the long-term benefits to Tesla — a new market for its batteries, potential allies in lobbying the government, and a chance to share the cost of expanding its supercharger network — over the short-term losses of an exclusive rights to technology was superb.
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Elon Musk, The Game Changer
Last Thursday, Tesla Motors (TSLA) CEO Elon Musk announced the electric car company will publish its technology patents. Musk stated that he and the company will not sue anyone who utilizes the patents, so long as they are used “in good faith.” The patents reference, but are not limited to, the technology within Tesla car batteries and the company’s charging station network. Since the announcement, analysts and investors alike are focused on how Tesla’s publication of valuable patents will (negatively) affect its future.
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