Why Did Tesla Open Its Patents?
1 Answers
Tesla opened its patents mainly inspired by the open-source movement, aiming to promote the development of electric vehicle technology. Innovative companies with technological patents: For small companies, the wisest choice is not to launch a product similar to Tesla's, but to create a product at a lower price point or with a different positioning. Tesla is not a story that can be replicated. Even though Tesla is already publicly traded and its products are in mass production, the company remains full of risks and controversy. Standard & Poor's currently rates Tesla as "B-", six levels below investment grade. Investors are unlikely to have the courage to support a replica of Tesla. Brand value: First, there is the recognition of its products by numerous users, and second, the accumulation of technical details and safety records. These are aspects that cannot be surpassed technologically and cannot be replicated by competitors in the short term, providing Tesla with a secure competitive threshold.