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Posts Tagged: "Tesla patents"

Is Elon Musk a Modern Day Rasputin?

Musk also continues to be exposed by news headlines. Twice Musk has delayed his own deadline to reach the 5,000-per-week production goal he has set for Tesla’s Model 3. He’s broken promises not only to his shareholders but also his workforce, 9 percent of which he recently laid off in an attempt to make Tesla into a profitable company. At the time of this writing, Tesla shares were in the $310 price range despite predictions from major investment bank Goldman Sachs that Tesla may need to raise up to $10 billion in capital over the next two years to remain in operation. In late July, The Wall Street Journal reported that Musk asked some of Tesla’s suppliers to refund payments made by the company going back to 2016 in order for Tesla to reach profitability. This news caused a major surge in Tesla credit-default swaps, which now indicate that the company has a 42 percent chance of missing a debt payment in the next five years. Forget meeting production deadlines, Tesla might not have enough cash to keep its doors open within a few short years. Somehow it just doesn’t matter. It is almost as if the more Musk fails the greater his legend grows, and for reasons that make little sense the higher his stock price soars. 

Microsoft Announces Shared Innovation Initiative Encouraging Industry Partners to Patent Collaborative Innovations

On Wednesday, April 4th, the official Microsoft blog published a post written by the company’s president and chief legal officer, Brad Smith, which announced the company’s new Shared Innovation Initiative. The initiative involves a series of principles which the Redmond, WA-based tech giant says should address issues related to intellectual property and technologies which are co-created with Microsoft’s industry customers so as to help those customers grow their business while allowing Microsoft to continue improving its platform products.

When Will Wall Street Wake Up to Elon Musk’s Broken Promises?

Reports about Musk’s talks with Cortica comes one day after Goldman Sachs analyst David Tamberrino affirmed his sell rating for Tesla stock on his expectation that Tesla stock would drop by 30 percent over the next six months because of production issues… On the same day that Goldman Sachs reaffirmed its sell rating on Tesla stock, Musk posted a video to Instagram, which is emblematic of the CEO’s Alfred E. Neuman-esque style of response to any perceived corporate turbulence. The video shows Musk in a bar in Jerusalem pouring flaming absinthe. Musk’s Instagram declaration that “Everything’s better with fire …” smacks of the same “What, me worry?” attitude that has allowed him to navigate uncertainty in meeting production goals without eroding shareholder confidence.

Tesla battery patents further proof of Elon Musk’s duplicitous views on patents

Like so many other critics of the patent system, Musk seems to despise all patents except for his own. Of course, Musk never said he avoids patents altogether, just whenever possible. But if you look at his enterprises, including Tesla, it is hard to detect evidence of patent avoidance of any kind at any time. So when Musk speaks on patents it is nothing more than encouraging people to do as he says not as he and his companies do for themselves. I guess you might say that Elon Musk doesn’t like other people’s patents, but his are perfectly OK.

Musk’s Tesla does poor job of avoiding patents, gains 27 this year alone

Musk maintains that he has avoided patents since leaving a business venture in 1999 but we’ve been pointing out how companies in which he holds a large interest have been acquiring IP and filing new patent applications themselves. In fact, as the IP portfolio analysis tools from Innography show us, Tesla has earned 27 patents thus far in 2015, making it pretty clear that Elon Musk is doing an awful job of avoiding patents, which really has to make you wonder what is behind his anti-patent rhetoric.