Austin's Morning Show
CEO Elon Musk opens up Tesla's patents to all
Tesla Motors CEO Elon Musk announced Thursday that the company is taking the unusual step of an "open source" approach for its technology, suspending enforcement of its patents to encourage development of electric cars.
Tesla, considered a leader in development of long-range electric cars, has about 200 patents and none are being held back, Musk says.
"Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology," he wrote in a blog post.