Tesla has reached a 'conditional' settlement with Rivian, expecting to dismiss its trade theft lawsuit, accusing Rivian of stealing employees and trade secrets since 2020.
Rivian has consistently denied accusations of using poached employees to take intellectual property, yet Tesla stated some employees were 'caught red-handed' stealing core technology.
The lawsuit has its roots in multiple allegations against Rivian for allegedly poaching employees, leading to claims that they lifted vital battery technologies.
Throughout the years, Tesla has pursued various lawsuits against multiple companies, highlighting the ongoing issue of trade secrets theft in the EV industry.
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