We all have been talking about Tesla and what it is as a company, the company is known to produce great electric cars and the founder Elon Musk is making tremendous efforts to make a revolution in transportation industry and has continued to surprise people by delivering on promises and also revolutionizing the electric industry.Tesla has released its patents publicly for other companies to use but most of the manufacturers aren’t using those patents and developing their own technology. One of the reason behind this is the loop holes in the contract. Actually there is no formal contract which says so, Elon Musk posted on his Tesla blog, “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology." Without defining the term “Good Faith”, there are no legal documents saying this and there are no terms and conditions regarding how Tesla defines “good faith”, that's why most companies and other small manufacturers aren’t using the...
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