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10 Mind Blowing Facts About Tesla Motors (TSLA)

Mind Blowing Facts About Tesla Motors (TSLA)

10 Mind Blowing Facts About Tesla Motors (TSLA)

On June 12, 2014, Elon Musk shocked the business world by revealing that Tesla Motors (TSLA) will not initiate patent lawsuits against anyone who uses their technology in good faith. This foresight by Tesla could help tip the auto industry away from gasoline and diesel engines towards more eco-friendly electric cars. The aftermath of such a mass consumer switch could also create a big opportunity for Tesla Motors and investors to profit.

With that in mind, we have assembled 10 mind blowing facts about Tesla. Our favourite? Even though CEO Elon Musk owns 23% of the company and is often credited with a great deal of the company’s success, it is often forgotten that he did not actually start the company. After his first investment in Tesla in 2004, he originally came on to the board of directors as chairman. It was not until the 2008 financial crisis that he came on as CEO.

Side note: It’s also pretty amazing that the tires and windshield wipers are the only parts that need regular replacement on a Tesla Model S.

Sources: Forbes, Quora, Mashable




  • Kirill Klip

    Electric rEvolution: Elon Musk Goes Open Source – Opens Tesla’s Electric Cars Patents To All.

    Elon Musk makes his next totally unexpected move and makes Electric Cars Open Source by opening Tesla Motors patents to all. Now we are talking about the real breakthrough and the unleashing of the creative power of technology to tackle our addiction to the Oil Needle. Lithium based technology is here and Elon Musk have just made it available to all who would like to build Electric Cars. There are reports that BMW has already met with Tesla this week discussing Electric Cars.

    As you remember, I was wondering how fast Chinese could reverse engineer Tesla Model S in any case, so Elon Musk makes his move in advance and opens his cookbook. He has mentioned once before that he does not really believe in patents and that Chinese will use it just as the recipe book. Now all this technology is in the open and we can expect the real tide of Electric rEvolution happening. Today we can all appreciate much better his vision for the hundreds of Gigafactories to produce Lithium Batteries for Electric Cars across the Globe.

    Tesla’s Elon Musk Expects ‘Hundreds’ Of Gigafactories As Lithium Battery Production For EVs Triples In Three Years.

    http://kirillklip.blogspot.co.uk/2014/06/electric-revolution-elon-musk-goes-open.html#

    • Sukhdip Basra

      Hi Kirill,

      Sorry for the late reply.

      Totally agree, Elon Musk is a badass. No wonder that Iron Man was semi-based on him. Hopefully, the open source strategy will accelerate electric cars, Mother Nature is crying out for it.

      A little off topic, but Mark Cuban isn’t a fan of patents either. He believes that it hinders innovation and refers to patent hoarders as “patent trolls.”

      Thank you for your comment, we always love to hear feedback from our audience.

      Cheers,

      Sukh

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