Two Charged with Attempting to Sell Tesla Trade Secrets

A Canadian national and a Chinese national face charges for conspiring to sell proprietary Tesla battery technology to undercover agents.

Klaus Pflugbeil, a Canadian national residing in China, and Yilong Shao, a Chinese national, have been charged with conspiring to sell Tesla's battery manufacturing trade secrets.
Pflugbeil was arrested in New York after attempting to sell the trade secrets to undercover agents, while Shao remains at large.
The trade secrets were related to Tesla's proprietary battery assembly technology, providing a significant competitive advantage.
The accused operated a China-based business marketing itself as an alternative to Tesla, using the stolen trade secrets.
If convicted, Pflugbeil faces up to 10 years in prison.