Electric carmaker Tesla Motors is handing over the keys to its technology in an unusual effort to encourage other automakers to expand beyond gasoline-burning vehicles. Tesla CEO, Elon Musk, promised to give away the company's entire patent portfolio, as long as they promised not to engage courtroom battles over intellectual property.
"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," Musk wrote in a blog on the company's website.
At the start of 2014, Tesla had been issued 203 patents covering its batteries and other key features that distinguish its electric cars from gasoline-powered vehicles. Another 280 patent applications are still pending in the US and other countries, according to Tesla's regulatory filings.
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