Tesla Considering Giving Its EV Technology Away For Free

During a June 3 shareholder meeting, Tesla CEO Elon Musk said he was considering free sharing of Tesla’s patents to enable other automakers to use its electric car ideas.

“We’re trying to figure out how to accelerate the advent of electric cars and to the degree that we create technological barriers for them, it’s not going to happen,” said Musk. “We don’t want to cut a path through the jungle and then lay a bunch of landmines behind us.”

Musk then confirmed June 6 with the BBC that “you’re on the right track” that it is considering giving its intellectual property away for free.