When Tesla opened up its patents last week, that was a game
changer for the electric car industry.
Some may question the move but as I said before, it’s not a good bet to
bet against Elon Musk. Aside from having
a fighter’s spirit he has the ability to look long term and the resources to
support it.
According to Musk, his reasons for opening up his patents were
based on the situation we are in regarding climate change. He wants the conversion to electric cars to
happen faster than it is already so we can reduce carbon emissions before
things get any worse.
Musk stands to gain immensely from the increased output of
electric cars through the ancillary sales of his batteries and components and
through his charging stations. Sometimes the stars align for certain
individuals and it looks like this is a great set up.
Here’s the company’s full statement:
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