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Tesla Files $1 Billion Lawsuit Against Matthews International Over Trade Secret Theft

The lawsuit alleges Matthews shared proprietary EV battery technology with competitors and claimed Tesla's inventions in patent filings.

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Overview

  • Tesla accuses Matthews International of misusing dry electrode battery manufacturing secrets.
  • The lawsuit seeks over $1 billion in damages and an injunction to prevent further misuse.
  • Tesla claims Matthews sold machinery embodying its trade secrets to other companies.
  • The court filing demands Matthews hand over patent applications involving Tesla's technology.
  • Matthews began supplying Tesla with manufacturing machinery in 2019.