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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 complaint added that Rivian had hired 178 former Tesla employees, of which about 70 had left Tesla directly for Rivian. Rivian also hired 13 recruiters that previously worked for Tesla.
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 ...
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 ...
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 ...