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Do free patents buy Tesla the competitive advantage?

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...

The Affordable Porsche EV.

At the Frankfurt motor show this year Porsche unveiled its plans for the future along with Porsche 911 GT3 Touring Pack and the 918 resembling mission E,. It is the first all-electric, 4 door sports sedan from the company and will be available by 2019. Moreover, it starts just at $85,000. Which is sick, It’s going to be cheaper than a Tesla! There is no doubt this is going to be a game changer for Porsche in the electric car market and we can say that for sure just by looking at the claims it has made about the car and the features it’ll be providing with the car. Tesla might have to change their product a little bit and react to this launch, because people would love to associate themselves with the Porsche brand name rather than a Tesla, with the $85,000 price tag you get the interiors of a Panamera, driving experience, quality, reliability and performance of a Porsche,with this the Mission E becomes an affordable electric car which is value for money. Key specs of the...