23.06.2014 - Tesla has opened its patents
One of the most interesting events on the U.S. stock market recently was the decision by Tesla Motors to open their patents for all automakers. Among the reasons for this step are called the desire of Elon Musk to stimulate the development of the U.S. economy and promote the production of electric cars in the world. At the same time, this step will end the speculations about a possible takeover of automaker by corporation Apple, which has about 150 billion of available funds on it’s the accounts and is looking for an investment object.
Despite the fact that intellectual property is one of the main assets of the company, Tesla can get visible benefits from the opening of patents. Thus the popularization of electric will allow to develop a national network of charging stations.
We recommend keeping the stock in the long-term portfolio and maintain a positive outlook.