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Rivian Automotive Inc. will likely be forced to go to trial over claims that it encouraged employees who defected from Tesla Inc. to steal electric-vehicle trade secrets.
Rivian Automotive (RIVN) is headed to court to face allegations from Tesla that it encouraged former Tesla employees to steal trade secrets. According to Reuters, Judge Theodore C. Zayner of the ...
(Reuters) -Electric car maker Rivian Automotive will go on trial over allegations that it encouraged its employees who defected from Elon Musk's Tesla to steal trade secrets, according to a ...
The legal battle between Tesla Inc. and Rivian Automotive Inc. intensifies as almost a dozen former Tesla employees, who joined Rivian, find themselves unable to avoid a trial over claims of ...
Tesla NDA Case Against Rivian Heads To Trial The case that was initially filed in 2020 alleges that multiple former Tesla employees went to Rivian with trade secrets.
Electric vehicle maker Rivian Automotive Inc. (Nasdaq: RIVN) faces a trial over allegations that the Irvine-based company encouraged its employees who defected from Elon Musk’s Tesla (Nasdaq: TSLA) to ...
The case is Tesla Inc. v. Rivian Automotive Inc., 20CV368472, California Superior Court, Santa Clara County (San Jose). Not a subscriber? We have options that meet your needs .
A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during and after its blockbuster 2021 initial public offering by concealing that had underpriced its ...
According to final terms announced late on Tuesday, VW will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was ...
California-based Rivian said it will employ 7,500 workers at the factory, which is slated to begin manufacturing vehicles in 2025. In exchange, state and local leaders offered Rivian more than $1. ...
Rivian management trumpeted a positive gross profit of $206 million in the quarter. However, revenue barely increased from $1.20 billion in the year-ago period to $1.24 billion, and it had a net ...