"Tesla Employees Allegedly Stole Battery Secrets to Launch Rival Company"

TL;DR Summary
Two men are accused of stealing battery manufacturing technology from Tesla and starting a business in China to sell the proprietary information. Klaus Pflugbeil, a Canadian citizen, was arrested on Long Island, while Yilong Shao remains at large. They are charged with conspiracy to transmit trade secrets, which carries up to 10 years in prison if convicted. The technology involves high-speed battery assembly lines owned by Tesla, and the defendants are accused of setting up a company in China and selling products developed with the stolen trade secrets.
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
75%
351 → 88 words
Want the full story? Read the original article
Read on The Associated Press