Tesla, Rivian Signal End To 4-Year Legal Battle Over Alleged Trade Secrets Theft...

Published on 25 Nov 2024 on Benzinga

Tesla, Rivian Signal End To 4-Year Legal Battle Over Alleged Trade Secrets Theft...

Tesla Inc. TSLA and Rivian Automotive Inc. RIVN are nearing a settlement in a lawsuit over alleged theft of battery technology. The legal confrontation, which began in 2020, accused Rivian of recruiting Tesla employees to obtain confidential engineering data.

What Happened: Initially, Tesla alleged that Rivian hired ex-employees who brought sensitive documents with them.

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Tesla, Rivian Signal End To 4-Year Legal Battle Over Alleged Trade Secrets Theft...

NASDAQ.RIVN price evolution

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