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Tesla and Rivian Lawsuit Settlement: Details Revealed

image of Tesla and Rivian Lawsuit Settlement: Details Revealed

Tesla and Rivian Lawsuit Settlement: Details Revealed

In 2020, Tesla filed a lawsuit against Rivian for allegedly stealing trade secrets by hiring former Tesla employees. The lawsuit has been ongoing for 4 years, but recent developments suggest a settlement may be on the horizon.

Tesla accused Rivian of poaching employees and encouraging them to bring sensitive documents, leading to the theft of proprietary engineering information. The lawsuit expanded to include allegations of stealing core battery technology for next-generation batteries.

After attempts to settle out of court failed, Tesla notified the court that it expects to file for dismissal of the case upon reaching a conditional agreement with Rivian. Details of the settlement remain undisclosed.