• 4 hours India To Auction 41 Coal Assets
  • 12 hours Eldorado Sees Gold Production Soar In Second Quarte
  • 1 day Do Gold Stocks Still Have Upside Potential?
  • 2 days The S&P 500’s Top Companies Hold $2.5 Trillion In Debt
  • 2 days Electric Vehicle Rebound Bolsters Battery Metal Growth
  • 3 days BlackRock Makes A Run On Asian Stocks
  • 3 days Gold Prices Surge Above $1,800
  • 4 days Chinese Stocks Soar On Bullish Economic Data
  • 4 days Apple’s “Holy Grail Of Data” Leaves Energy Traders Disappointed
  • 5 days Gold Rally Adds $250 Billion To Top 50 Miners' Market Cap
  • 5 days TikTok Is Becoming A New Battleground For Tech Politics
  • 5 days Peru's Mining Industry Pummeled As Coronavirus Cases Surge
  • 5 days Why The World Is So Divided In Its COVID-19 Response
  • 6 days Equities Cheer Stellar Jobs Report, But It May Be Fleeting
  • 7 days Is Tech Billionaire Peter Thiel Done With Trump?
  • 7 days Musk Takes To Twitter To Troll The SEC
  • 8 days Lunar Mining May Commence As Early As 2025
  • 9 days Immigration Will Go Bust Without $1.2B Bailout
  • 9 days The Economics Of The Space Race
  • 11 days Why The World's Central Banks Aren't Yet Sold On Renewables
Why The World Is So Divided In Its COVID-19 Response

Why The World Is So Divided In Its COVID-19 Response

The Covid-19 pandemic should have…

BlackRock Makes A Run On Asian Stocks

BlackRock Makes A Run On Asian Stocks

On Monday, BlackRock downgraded U.S.…

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for the U.S.-based Divergente LLC consulting firm with over a decade of experience writing for news outlets such as iNVEZZ and…

Contact Author

  1. Home
  2. News
  3. Breaking News

Musk Takes To Twitter To Remind The World Of Tesla’s Purpose

Traffic

Elon Musk has reminded his huge Twitter following that all Tesla patents are public and the electric vehicle (EV) maker would “not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.”

“All our patent are belong to you,” Musk tweeted in a reference to a poor English translation of a line in a 1980s video game originally made in Japan.

More than four and a half years ago, Musk wrote in a Tesla blogpost that “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,” Musk wrote back then.

He reiterated in recent tweets that “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.”

Musk also noted: “Exciting to see all the new electric vehicles coming to market! We created Tesla to accelerate a sustainable future & it’s happening!”

In the 2014 blogpost, Musk said that “We believe that Tesla, other companies making electric cars, and the world would all benefit from a common, rapidly-evolving technology platform.” Related: Europe’s Mining Sector Sees Slowing Growth

In its Q4 update letter to shareholders, Tesla said last week that Model 3 went on to become the best-selling passenger car in the U.S. in terms of revenue in both Q3 and Q4. With nearly 140,000 units sold, Model 3 was also the best-selling premium vehicle, including SUVs, in the U.S. for 2018 – “the first time in decades an American carmaker has been able to secure the top spot.”

This year and the years ahead will see the launch of many EVs by legacy automakers who will be trying to seize the growing market for electric cars.

Tesla’s 2019 outlook is “Model 3 will become a global product, the profitability of our business should become sustainably positive, our new Gigafactory Shanghai should start producing cars, and we will start tooling for Model Y production.”

By Tsvetana Paraskova for Safehaven.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment
  • Susan G on December 07 2019 said:
    Seems like anyone whose anyone uses Twitter to get their word out. I'm still not convinced about it, I don't even have an account.

    C'mon Twitter?

Leave a comment