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Watch a young Elon Musk take delivery of his McLaren F1

Years before Elon Musk was launching rockets into space or trying to revolutionize the auto business with Tesla, he was just another Silicon Valley geek, albeit already a very successful one. This vintage video catches Musk in 1999 celebrating some of that triumph, as he takes delivery of none other than a McLaren F1. As the million-dollar supercar is lowered from the transporter Musk intones, "It is the moment of my life." We also get a snapshot of an interesting time in Musk's life. According to the clip, he had already sold the company Zip2 for $400 million in cash and had started at the online banking business X. After a merger, it eventually became PayPal, and the entrepreneur later walked away from the website with another massive check. Watch this brief moment of happiness as Musk takes delivery of the McLaren, because by the end of the video, his focus already seemed to have turned to his next business venture. News Source: EveryElonMusk Video via YouTube, Car and Driver Auto News Green McLaren Tesla Car Buying Green Culture Coupe Performance Supercars Videos paypal

Tesla begins selling in China, despite lack of formal company name

Car buyers in China can now start shopping for a new Tesla Model S. Only problem is, the California-based automaker doesn't seem to have hammered down a brand name for that market. According to Reuters, Tesla is still dealing with a trademark squatter for "Tesla" (or "Te Si La"), so in the meantime, it is a brand without a name.
Tesla has launched a website in China under the Tousule name, but it doesn't appear that will be the official nomenclature for cars sold in China. According to the report, a Tesla salesman in Beijing doesn't know when - or even if - Tesla plans to come up with a Chinese name for its brand. We reached out to Tesla for a comment on the matter, but we've yet to receive any response regarding this ongoing situation in China.

Tesla open-sources all its patents

When Tesla CEO Elon Musk says that he's thinking about something, you definitely need to pay attention because it's likely something big. In an eloquently worded press release (a very rare thing indeed) Musk explains reason after reason why Tesla is opening up all of its patents, effective immediately.
According to the missive, Tesla initially applied for patents on its technology because it was afraid bigger, more powerful automakers would take its ideas and destroy the tiny automaker. However, that hasn't happened. Musk claims that while the company has grown, "electric car programs (or programs for any vehicle that doesn't burn hydrocarbons) at the major manufacturers are small to non-existent." At the same time, the global auto industry continues to grow, and Tesla's main competitors aren't from other electric carmakers, but the traditional internal combustion engine.
Musk claims that if you walk into the company's lobby right now all of its patent forms are gone from the walls. "We believe that Tesla, other companies making electric cars, and the world would all benefit from a common, rapidly-evolving technology platform," he writes.