

News
Tesla claims Rivian stole trade secrets, poached employees in new lawsuit
Tesla has opened a lawsuit against fellow electric vehicle manufacturer Rivian, stating that an “alarming pattern” of poaching employees and thieving trade secrets has taken place.
Tesla claims that four former employees took highly sensitive information with them after they left to work for Rivian. However, Tesla believes that there could be at least two more individuals who went to the company and took secrets with them to Rivian, Bloomberg reported.
A complaint filed by Tesla in the San Jose, California state court says, “Misappropriating Tesla’s competitively useful confidential information when leaving Tesla for a new employer is obviously wrong and risky.”
“One would engage in that behavior only for an important benefit — to use it to serve the competitive interests of a new employer,” Tesla added to the complaint.
Rivian recently closed a $2.5 billion investment round led by fund manager T. Rowe Price. The company has an extensive list of investors that includes Amazon, Ford Motor Company, and Cox Automotive. The company has denied any involvement in obtaining Tesla’s private information and stated that it requires newly onboarded employees to confirm that they will not utilize past employer information into Rivian’s infrastructure.
Employees are required to confirm “that they have not, and will not, introduce former employers’ intellectual property into Rivian systems.”
The company, headed by CEO R.J. Scaringe, is working on releasing its first all-electric vehicle, the R1T pickup. It is set to begin production in early 2021.
“Rivian is made up of high-performing, mission-driven teams, and our business model and technology are based on many years of engineering, design, and strategy development,” the company said via e-mail. “This requires the contribution and know-how of thousands of employees from across the technology and automotive spaces.”
The case is eerily reminiscent of Tesla’s lawsuit against China’s Xpeng Motors, which also entailed that a former employee took secrets to a new employer after leaving Tesla.
In that case, Tesla accused Guangzhi Cao of downloading the company’s Autopilot source code to his personal computer and transferring it via Apple Airdrop before selling it to Xpeng Motors for financial gain.
Cao maintains that he did download some of Autopilot’s source code to his personal computer while working for Tesla, but stated he did delete it before joining Xpeng.
The case is currently still ongoing.
In the past, Tesla CEO Elon Musk has stated that his company has no competitors who are also interested in transitioning mainstream passenger transport to electrification. While true, the company has established itself as a leader in the industry, and with that comes competitors biting at the company’s heels.
Statements made by Rivian show that the company sees Tesla as a leader in the surge toward electrification. Rivian said, “we admire Tesla for its leadership in resetting expectations of what an electric car can be.”
The case will take place in California’s Superior Court in Santa Clara County. It is recognized as Tesla Inc. v. Rivian Automotive Inc., case number 20CV368472.
Elon Musk
Donald Trump shares thoughts on Elon Musk’s DOGE step back
The U.S. President also noted that Musk is a great patriot, and that the people who attack Teslas are “sick.”

During Tesla’s first quarter earnings call, CEO Elon Musk announced that starting in May, he would be stepping back from the Department of Government Efficiency’s (DOGE) daily operations.
Musk’s comments were received positively by TSLA investors, resulting in the company’s stock rising despite Tesla missing Q1 expectations.
Musk’s Comments
In his opening remarks at the Tesla Q1 2025 earnings call, Musk acknowledged that there has been some blowback to Tesla due to his activities at DOGE. And while he believes that the protests against Tesla are very organized and likely paid for, he also noted that it is time for him to allocate more of his time to Tesla.
“Starting probably next month, May, my time allocation to DOGE will drop significantly… I’ll be allocating probably more of my time to Tesla now that the major work of establishing the Department of Government Efficiency is done,” Musk noted.
Trump’s Response
Considering Musk’s comments, it was no surprise that United States President Donald Trump was asked about the CEO’s impending step back from DOGE. Trump stated that he “can’t speak more highly about any individual,” and that Elon Musk has contributed a lot to the administration due to his work with DOGE. The president highlighted, however, that the backlash against Tesla has been extremely unfair.
“I also know that he was treated very unfairly by the, I guess he called the public, by some of the public, not by all of it. He makes an incredible car. Everything he does is good, but they took it out on Tesla, and I just thought it was so unfair, because he’s trying to help the country, but he has helped the country,” Trump stated.
The U.S. President also noted that Musk is a great patriot, and that the people who attack Teslas are “sick.” Trump also praised Elon Musk’s initiatives, stating that all the CEO’s projects are great, from Starlink to Neuralink to SpaceX to Tesla.
News
Tesla trails Volkswagen in Q1 EV sales, Model Y still on top

Volkswagen surpassed Tesla in Q1 2025 electric vehicle (EV) sales in Europe.
The German automaker sold 65,679 battery EVs compared to Tesla’s 53,237 in the first three months of the year, per JATO Dynamics data. Volkswagen’s registrations soared 157% year-over-year (yoy), while Tesla saw a 38% decline in the same period, the steepest among the top 30 brands. The German automaker’s strong performance highlights a growing competitive landscape in the EV market.
Despite losing the overall lead, Tesla’s Model Y and Model 3 remain the top two in Europe’s battery EV registrations. Volkswagen’s ID.4 ranked third in EU registrations, trailing the Model 3 by 2,000 units.
Model Y registrations dropped 43% in March, but the Model 3 increased 1% in the first quarter. The decline in Model Y registrations could be linked to Tesla’s upgraded Model Y, which debuted at the beginning of the year. In the first quarter, Tesla retooled and upgraded its factories worldwide to produce the new Model Y.
“As the brand continues to deal with a host of PR issues in addition to the changeover of the Model Y, Tesla is now relying on the Model 3 to offset its losses. Despite the controversy surrounding the brand’s CEO and the limited availability of the new Model Y, Tesla continues to perform well,” said Felipe Munoz, a global analyst at JATO Dynamics.
Tesla addressed its Q1 challenges during its recent earnings calls, with CEO Elon Musk attributing the dip to seasonal and strategic factors.
“Now, Q1, [the] first quarters of a year, are usually pretty tricky. Because it’s usually the worst quarter of the year because people don’t want to go buy a car in the middle of winter during the blizzard. So we picked Q1 as a good quarter to do a cutover to the new version of the Model Y and we changed the production of the world’s best-selling cars with — remember, the Model Y is the best-selling car of any kind on earth with a 1.1 billion unit per year output of a single model,” Musk stated.
Volkswagen’s surge reflects its continued focus on and dedication to EVs. While Tesla’s Model Y remains the global best-seller, Volkswagen’s momentum signals intensifying competition. As both companies navigate market dynamics, Tesla’s focus on its Robotaxi network and upcoming launches will be critical to regaining its edge.
Elon Musk
Neuralink targets $500 million raise at $8.5 billion valuation: report
The news was initially reported by Bloomberg, which cited sources reportedly familiar with the matter.

Elon Musk’s Neuralink is reportedly gearing up for a $500 million funding round at a $8.5 billion pre-money valuation.
The news was initially reported by Bloomberg, which cited sources reportedly familiar with the matter.
The Alleged Funding Round
Preliminary discussions with investors, which could value Neuralink at $9 billion post-money, have reportedly started. Terms for the funding round remain fluid, however, as per one of the publication’s sources. Neuralink, for its part, has not issued a comment about its alleged funding round.
That being said, Neuralink is one of Elon Musk’s smaller ventures, with PitchBook valuing the brain-computer interface startup at $3.5 billion in November 2023.
Neuralink’s Ambitious Vision
Neuralink aims to create devices that enable users to interact with tech devices using only their brain. Neuralink is currently focusing on paralyzed individuals and neurodegenerative disease patients, though Musk has also hinted at Neuralink’s technology being used to address vision problems and other health issues.
Neuralink has made a lot of headway in its goals, with the startup recently announcing that it has expanded its human trial to three patients. All three are participants in the company’s ongoing primary and convoy study.
Musk’s Soaring Valuations
Neuralink’s potential capital raise aligns with skyrocketing valuations for Elon Musk’s other firms. While Tesla’s valuation remains volatile due to its publicly traded nature, his private space company, SpaceX, hit an impressive $350 billion valuation in December. His artificial intelligence startup, xAI, reached an $80 billion valuation following its merger with social media platform X.
Musk’s holdings in his companies have allowed him to top the Bloomberg Billionaires Index with a net worth of $310 billion as of writing.
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