Technology Tesla sued Rivian - e-pickup rival alleged to have stolen trade secrets
Tesla To Launch Low-Cost 'Million Mile' Battery That Drastically Reduces Cost Of EVs: Report
Electric vehicle pioneer Tesla Inc (NASDAQ: TSLA) is going all out to make alternative energy vehicles more affordable for consumers. Tesla Working On New Battery The Elon Musk-led company is working on a new battery for its Model 3 vehicles in China that confers two advantages, low cost and long life, Reuters reported Thursday. More details could be come at Tesla's Battery Day, with Musk hinting on the first-quarter earnings call that the event could be held in the third week of May. When asked for a preview of the event, Musk said: "We want to leave the exciting news for that day, but there will be a lot of exciting news to tell.
Has e-pickup maker Rivian Tesla stolen trade secrets and poached the rival employee? Tesla at least claims that and has now filed a lawsuit.
Rivian, a manufacturer of electric pickup trucks, had raised $ 2.5 billion in a financing round a few days ago's Cybertruck reveal secrets to Rivian?
Tesla patent: Solar roof tile will soon be available for German houses too
© Tesla Tesla: Solar roof and powerwall also serve to charge electric cars. Tesla apparently is preparing the international market launch of its solar roof tiles. This is suggested by a patent application in Europe. Tesla's solar roof is expected to come to Germany this year. Back in February, Elon Musk announced on Twitter that he was looking forward to an international expansion of Tesla's Solar Roof sometime later this year. Apparently, the corona crisis was also unable to thwart this plan.
In the lawsuit, Tesla accuses the competitor of stealing business secrets and luring employees, as reported by
CNBCRivian, however, told CNBC that Tesla's allegations were baseless and would violate corporate culture, ethos, and internal policies. Anyone who joins Rivian must confirm that they are not bringing any previous employers' intellectual property into the Rivian systems.
Tesla is suing - and is being sued
"Tesla Short Shorts": Elon Musk sells hot pants
1/2 IMAGES © Tesla 2/2 IMAGES © Tesla © dpa Elon Musk is currently laughing well and is making fun of shortsellers. Elon Musk not only sells vehicles but also satin shorts. Sounds bizarre - but it's not a joke. Elon Musk is best known as a visionary who focuses on (new) technologies in his business ventures. Now, musically, Musk also sells satin shorts. The Spiegel reports about it.
Tesla is not for the first time suing the competition for alleged secret theft and enticing employees. It was only in April that the startup Zoox, which specializes in self-driving cars and was just taken over by Amazon
in by e-truck rival Nikola
More on the subject:•
milestone for Tesla: Fourth quarterly profit in a row•
Autonomous driving: German court bans Tesla autopilot advertising•
e-truck startup Rivian builds electrical platform for Ford
Tesla: News about stock split drives price .
© Timothy Artman / Tesla Tesla plans stock split. Tesla shares have increased massively in value over the past six months. Now the e-car manufacturer is reacting - and has announced a share split. The Tesla share is divided at a ratio of 1 to 5. For every Tesla share, shareholders will receive four additional shares. The electric car manufacturer announced this on Tuesday, August 11, 2020. The stock split will take effect on August 31.