Tesla is might try to supply software to competitors

July 29, 2020

Electric car company Tesla is possibly open to supplying software, powertrains, and batteries to other automotive companies. Elon Musk said in a revealing statement how licensing of the technology would accelerate sustainable energy, rather than crush competitors. 

In one way the rise of Tesla’s economic advantage over other automotive makers has put Tesla in a powerful position. They have the option to now charge for their extremely advanced technology in which competitors are not even close to getting there. 

Although this seems like a positive change to the automotive EV boom, it is unlikely that it will happen as the board of Tesla will block it from happening so automakers don’t catch up as fast.

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