Tesla lawsuit puts EV-startup Rivian in its crosshairs
Tesla lawsuit puts EV-startup Rivian in its crosshairs
Rivian is an exciting startup with impressive electric vehicles and even more important fundraising abilities.
All the same, patc there is praise for Rivian's new fully-electric R1T pickup truck as it finally hits the commercialise, Tesla isn't quite a then stoked.
According to Bloomberg, the auto maker recently distended a lawsuit IT at the start filed last year, claiming that Rivian has stolen talent and swap secrets.
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Tesla at the start filed the beseem in 2020, stating that Rivian was poaching people and entropy.
The dilated lawsuit now alleges that the effort did not deter Rivian and claims that the automaker has speeded up its illegal activities in the months since.
Tesla notes unrivaled incident from this summer, in which departing employees were caught "guilty" pilfering information on its next-generation battery tech.
In late September, a judge ruled that expanding the scope of the incase is efficient at this join, just made elucidate that his decision is not a judgment of the suit's claims unity way or the other.
Rivian's retort
Rivian, for its part, is throwing shade reciprocally. In one aspect of its response to Tesla's claims, Rivian states that the automaker has provided "so little detail that Rivian is unable to ascertain what Tesla is claiming atomic number 3 its good property, let alone whether what it is claiming is or could be secret."
Rivian has plenty on the contrast at this point as IT sends its first gear production vehicles to customers. The company is also readying itself for an IPO, direct which it is quest a rating of more or less $80 trillion.
True Oregon not, Tesla's allegations and the rigorousness of the claims it's made demonstrate the enormous stake at play in the EV market.
Valuations and IPOs aside, automakers are staking tens of billions of dollars and thousands of project hours on physical phenomenon vehicles and developing new technologies.
For companies like Rivian and Tesla that simply make electric cars, absent the boat on a inexperienced feature, engineering, or hardware design could be a costly mistake, soh the lawsuit will likely draw many eyes, both from within the industry and extrinsic its borders.
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Tesla lawsuit puts EV-startup Rivian in its crosshairs
Source: https://www.techradar.com/news/tesla-lawsuit-puts-ev-startup-rivian-in-its-crosshairs
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