Tesla says it has reached a ‘conditional’ settlement in Rivian trade secrets lawsuit

Quick Summary:

Bloomberg reports that Tesla told a California statement judge that the companies have reached a "conditional” settlement, and that it expects to seek dismissal of the lawsuit by December 24.

Tesla and Rivian may have resolved a lawsuit in which Tesla accused Rivian of poaching employees and stealing trade secrets.

A Rivian spokesperson said the company does not comment on litigation.

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Article Details

Author / Journalist: Anthony Ha

Category: Technology

Markets: United StatesMali

Topics: Startups Tesla Climate Rivian Transportation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 19:12:53 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 151 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23781246

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