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Tesla reaches ‘conditional’ settlement in Rivian trade theft suit: report

  • Tesla is reportedly reaching a 'conditional' settlement in the trade theft lawsuit with Rivian.
  • The settlement is expected to be finalized by December 24, 2021, subject to meeting the terms.
  • Tesla accused Rivian of poaching employees and stealing intellectual property.
  • The terms of the settlement were not disclosed in the filing.

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