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.

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.