Posts Tagged ‘Tesla Motors’

The passing scene – August 22, 2015

August 22, 2015

So Elon Musk’s Hyperloop Is Actually Getting Kinda Serious by Alex Davies for Wired.

Hyperloop, which is being developed by Elon Musk’s SpaceX and Tesla Motors, would be a series of above-ground pneumatic tubes filled with people that would zip them along at near-supersonic speeds.

It’s being developed by men and women with day jobs at places such as NASA, Boeing and SpaceX who are paid in stock options rather than cash.  Two established companies, Aercom, an engineering design firm, and Oerlikon Leybold Vacuum, are helping with the project in return for stock options.

A prototype demonstration of the system is scheduled for 2016.

Germany fact of the day, will support for immigration collapse? by Tyler Cowen for Marginal Revolution.

A big backlash is developing across Europe against refugees and unauthorized immigrants.  Cowen favors open borders in principle, but doesn’t think it is politically feasible.

Dejá Vu: Germany Tightens Its Economic Power Over Europe by Richard D. Wolff for Truthout.  (Hat tip to Bill Harvey)

The European Union was supposed to be an association that benefited all its members.  Now it has devolved into a mechanism by which Germany, Europe’s richest nation, inflicts economic punishment on Greece, one of its poorest.

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Tesla’s electric car patents are opened to all

June 13, 2014

Elon Musk, the CEO of Tesla Motors, announced that Tesla is making its electric car patents available to all free of charge—a decision that, as Tyler Cowen remarked on his Marginal Revolution blog, could be as important as Henry Ford’s 1914 decision to pay auto workers the hitherto-unheard-of wage of $5 a day.

Elon Musk

Elon Musk

Musk decided that it is more important to grow the market for electric cars than to use Tesla’s patents to dominate that market.   I hope that decision pays off for Tesla as Henry Ford’s decision did for Ford, because it removes an obstacle to technological progress.

The original purpose of patents was to give inventors an incentive to share their secrets, in return for temporary monopolies on their inventions.  But in recent years, the scope of patent protection has been extended by law to the extent that it stifles competition and economic growth.   Maybe Musk’s business model will change that.  I hope so.   Good for him for trying!

LINKS

All Our Patents Are Belong to You,” the announcement by Tesla Motors CEO Elon Musk.

Tesla Making Patents ‘Open Source’ to Boost Electric Cars by Alan Ohsman for Bloomberg.