You Stole My Employees! Tesla's Allegations Spark Lawsuit Against Rivian
On July 17, 2020, Tesla (NASDAQ: TSLA) sued Rivian, prompting many to wonder aloud who the heck this Rivian company was.
In a lawsuit filed with the Superior Court of California in Santa Clara County, the world's best-known electric car maker accused an upstart rival and would-be maker of electric trucks, vans, and SUVs of "recruiting Tesla employees" and "misappropriating" confidential information those employees possessed. Tesla demanded no specific sum of money in compensation for these offenses, but did insist that Rivian stop what it's allegedly doing.
That raises two questions: What exactly is Rivian doing? And why does it have Tesla so worried?
Source Fool.com
