On June 12th 2014, Elon Musk, CEO and Chief Product
Architect of electric car company Tesla Motors announced that Tesla
Motors will let other companies use its inventions under an open
source inspired agenda at the company. This is how Elon Musk put it
in his blog post- "Tesla will not initiate patent lawsuits
against anyone who, in good faith, wants to use our
technology." This initiative came as a huge surprise to
the technology space, and got a lot of people thinking. Considering
Tesla's exhaustive Patent portfolio, this move came as a bigger
surprise to some, as the company holds the largest number of
Patents in the electric vehicle industry having pioneered the
technology and having gained constantly improved efficiency in
process and technology in the industry. Tesla pioneered innovations
lowered cost and increased safety of battery packs. Its cars
recharge much faster than others on the market, thanks to
connector, software, and power-management advances. Now