Elon Musk's Tesla Goes Full Throttle: Offers Licensing Of Autopilot Tech To Accelerate EV Market


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


In a significant acknowledgment of Tesla Inc's (NASDAQ:TSLAleadership in electric vehicle technology, General Motors Co (NYSE:GM) has recently admitted that Tesla currently leads the EV market. Responding to this, Tesla CEO Elon Musk on Monday stated that the company is willing to collaborate with other automakers to accelerate EV adoption.

In a tweet, Musk responded to GM's recognition by highlighting Tesla's altruistic stance towards other car companies. This isn't the first time Musk has offered to share Tesla's technology. Several years ago, Tesla took the radical step of making all of its patents freely available to the public. This move was intended to encourage competition in the EV space and hasten the transition to sustainable transport.

Now, Tesla is going a step further by opening up its Supercharger network to other companies, a decision that could transform the EV charging infrastructure landscape significantly.

Musk's mention of licensing Autopilot and Full Self-Driving (FSD) technology also holds the potential for game-changing industry collaborations. These advanced driver-assistance technologies have set Tesla apart from many of its competitors. By making these technologies available to other companies, Tesla could significantly influence the progress of autonomous driving.

Now Read: Tesla Powers Ahead As Made-In-China Sales Surge 142% In May

Photo courtesy of Tesla


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: Techelectric vehicles