Tesla and Rivian Near Settlement in Trade Secrets Lawsuit
The four-year legal battle over employee poaching and alleged theft of battery technology is expected to conclude by late December.
- Tesla accused Rivian in 2020 of hiring former employees to obtain confidential engineering information, including trade secrets related to battery technology.
- The lawsuit expanded to include claims that Rivian targeted Tesla's next-generation battery innovations, possibly linked to Tesla's 4680 battery cells.
- Rivian has consistently denied the allegations, calling them baseless and an attempt to hinder its progress in the competitive EV market.
- A conditional settlement has been reached, with Tesla planning to seek dismissal of the case by December 24, pending fulfillment of the agreement's terms.
- Details of the settlement remain undisclosed, and neither company has provided public comments on the resolution at this time.