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Tesla sued rival Rivian – business secrets stolen?

Tesla and Rivian are in fierce competition in the United States for the first electric pick-up. Now there is a serious reproach: Rivian is said to have stolen Tesla’s trade secrets.

Tesla wants to hold its US competitor Rivian accountable for alleged business theft. In a lawsuit against unfair competition, the electric car pioneer accuses the rival of an “alarming scheme” to entice employees away in order to obtain confidential information. Rivian rejected this on Thursday (local time).

The allegations are baseless and contradict Rivian’s corporate culture, ethos, and policies, a statement said. The case opened at a court in San Francisco is also directed against four former Tesla employees who are said to have overflowed with sensitive data on the counterparty.

Tesla and Rivian are in fierce competition for the first electric car in the lucrative pick-up segment. Even if Tesla is much better known, the rival, armed with billions of investors such as Ford, Amazon or the financial giants T. Rowe Price and Blackrock, could end up ahead.

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