by Darpan Sachdeva via Big Think Editors
In an exciting development for electric cars, Elon Musk, the C.E.O. of Tesla Motors, has announced on the company’s blog that he’s making all of Telsa’s patents public in the spirit of innovation.
Musk writes:
Yesterday, there was a wall of Tesla patents in the lobby of our Palo Alto headquarters. That is no longer the case. They have been removed, in the spirit of the open-source movement, for the advancement of electric vehicle technology.
Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.
His other motivation is climate change:
Given that annual new vehicle production is approaching 100 million per year and the global fleet is approximately 2 billion cars, it is impossible for Tesla to build electric cars fast enough to address the carbon crisis. By the same token, it means the market is enormous. Our true competition is not the small trickle of non-Tesla electric cars being produced, but rather the enormous flood of gasoline cars pouring out of the world’s factories every day.
For more, head to his announcement. Last fall, Musk visited our studio and did an interview series for our exclusive workshop Big Think Edge.
Musk is betting on the open-source movement to innovate electric vehicles, and he’s also a big believer in solar energy. Here’s his interview with Big Think on why solar energy is essential to the future of electric vehicles.
Darpan Sachdeva is the CEO and Founder of Nobelthoughts.com. Driven by a profound dedication to Entrepreneurship, Self-development, and Success over an extended period, Darpan initiated his website with the aim of enlightening and motivating individuals globally who share similar aspirations. His mission is to encourage like-minded individuals to consistently pursue success, irrespective of their circumstances, perpetually moving forward, maintaining resilience, and extracting valuable lessons from every challenge.
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We have reached an inflection point within information technology (IT) where the conversation is moving from cost to value. IT is no longer focused on back-office infrastructure. In a digital world, the function has transformed to help unearth valuable data insights and define the future of products. Given the historical and deep knowledge with big data, security and infrastructure, the IT function plays an integral role in delivering delightful customer experiences across all digital platforms.
On a panel addressing how the Marketing and IT relationship has been reinvented, the more important one is the convergence between IT and marketing with the ability to take data capabilities in the IT organization and merge it with marketing aspirations. The Marketing and IT partnership is tighter than ever; both functions are working with synergy to implement and manage digital technology and leverage data insights to provide personalized experiences.
If you are interested, I have posted an article about IT innovation that you can read here: http://worldofinnovations.net/2014/06/08/how-to-capitalize-on-the-golden-age-of-it-innovation/