Tesla Inc. accused Rivian Automotive Inc. in a lawsuit of an “alarming pattern” of poaching its employees and stealing trade secrets.The world’s leading electric-vehicle maker alleged that four of its former workers took highly sensitive proprietary information as they left to work for the rival startup, and Tesla said it suspects there are at least two more culprits.“Misappropriating Tesla’s competitively useful confidential information when leaving Tesla for a new employer is obviously wrong and risky,” according to the complaint filed in state court in San Jose, California. “One would engage in that behaviour only for an important benefit — to use it to serve the competitive interests of a new employer.”Rivian — which counts Amazon.com Inc., T. Rowe Price, BlackRock Inc. and Ford Motor Co. among its top-tier investors — denied the allegations. The company said it requires all new employees to confirm “that they have not, and will not, introduce former employers’ intellectual property into Rivian systems.”“Rivian is made up of high-performing, mission-driven teams, and our business model and technology are based on many years of engineering, design and strategy development,” the company said in an emailed statement. “This requires the contribution and know-how of… Read full this story
- Lawsuit: Tesla Fired Employee After He Complained About Manager Stealing Auto Parts
- How criminals steal $37 billion a year from America's elderly
- US alerts citizens in China after consulate employee suffers injury similar to Cuba 'sonic attack'
- Tennessee Waltz archive: John Ford, other lawmakers charged with taking bribes
- Kenya: Why Kenya's Proposal to Execute Convicted Poachers Is a Bad Idea
- Karnataka, Day 2: JD(S) MLAs offered 100 cr to switch, says Kumaraswamy
- The Billion-Dollar Bank Job
- Trump’s next round of trade limits could hurt the U.S. tech industry he wants to help
- Who owned donor list?
- Who owned the donor list?
Tesla Accuses Rivian of poaching employees, stealing secrets have 297 words, post on www.hindustantimes.com at July 23, 2020. This is cached page on CuBird. If you want remove this page, please contact us.