Tesla and Rivian have reached a ‘conditional’ settlement in lawsuit over trade secrets

4 years after alleging that the corporate poached its workers with a aim of acquiring commerce secrets and techniques, the 2 look like nearing a decision. In accordance with , Tesla says it’s reached a “conditional” settlement with Rivian and expects to hunt the case’s dismissal by December 24. Within the lawsuit filed in 2020, Tesla claimed Rivian inspired exiting Tesla workers to steal info, and that it caught three workers taking “extremely beneficial, confidential info as they left for Rivian.” Rivian has denied the allegations from the beginning, calling them “baseless.”

Rivian filed a movement for the lawsuit to be dismissed, however this was who tentatively dominated earlier this 12 months that Rivian must face a trial. The trial was anticipated to happen in 2025, however it now seems just like the matter could also be wrapped up earlier than the top of the 12 months with out coming to that.