Elon Musk Bets on Himself by Shunning Patents for Innovations

Elon Musk is one cocky motherf***er — as a result of he is so assured he can keep forward of the pack, he would not even trouble to guard his improvements.

Elon appeared on CNBC’s “Jay Leno‘s Garage” Wednesday night time the place the two guys tooled round Elon’s Texas-based SpaceX Starbase facility and chatted it up.

At one level Jay requested if SpaceX had a patent on the supplies he used to assemble spaceships. Elon’s response … “I don’t care about patents. Patents are for the weak.”

Translation … Elon’s tremendous with rivals taking part in catchup together with his creations, as a result of he is betting on himself that he’ll give you one thing even higher earlier than they do.

Elon believes patents are only a buzzkill … “They don’t actually help advance things, they just stop others from following you.”

Musk has adopted his mantra in different ventures, together with Tesla. Back in 2014, he despatched a memo to Tesla employees, shunning patents and saying Tesla improvements are there “to attract and motivate the world’s most talented engineers.”

He had some selection phrases about getting such authorized safety .. “[Patents] serve merely to stifle progress, entrench the positions of giant corporations and enrich those in the legal profession, rather than the actual inventors.”