Posts Tagged: "lithium ion batteries"

Musk has been creating some waves in his role as CEO of Tesla Motors. In a self-authored blog post published on the official Tesla Motors blog, Musk announced that the company was trying to make the company ‘open source’ by allowing other people to infringe on their patent portfolio with the supposed intent of encouraging the development of electric vehicle technologies . . . Of course, it is hard to ignore the reality that several weeks before this allegedly altruistic proclamation by Musk, Toyota announced that it would be phasing out its deal with Tesla Motors. Not surprisingly, a little more than a week after the Musk announcement Toyota unveiled its hydrogen car. Time is reporting that the car will be introduced first in Japan in 2015 and eventually in the U.S. market during the summer of 2015, likely at a price tag of $70,000.