by Henry Foy, Automotive Correspondent
Henry Ford, the grandfather of the car industry and Tesla CEO Elon Musk, its current saviour (or enfant terrible depending on your point of view and stockholding) had similar views on spreading warm and fuzzy love around with rivals.
“If everyone is moving forward together, then success takes care of itself,” Ford once said. “A business that makes nothing but money is a poor business,” another Ford pronouncement, is certainly a view shared by Musk – who has said making electric cars successful is more important to him than making his company successful.
But Ford would be turning in his Detroit grave at Musk’s latest decision to make all of Tesla’s patents availble, free of cost, to its rivals.
Ford — who ironically broke the famous Selden patent monopoly that allowed the US car industry to get off its feet — loved patents. He racked up more than 150, and liked to be in control of every aspect of his cars. That control has percolated throughout the car industry since, as rivals look to corner emerging technologies.
But what exactly is in the box of secrets that Musk has opened to the world — and to his competitors? Read more >>