Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / TECH - Tesla Counters Ex-Employee's Bankruptcy Bid In $425K Legal Battle Over Elon Musk Feud | Benzinga


TECH - Tesla Counters Ex-Employee's Bankruptcy Bid In $425K Legal Battle Over Elon Musk Feud | Benzinga

Tesla Inc (NASDAQ:TSLA) is fighting a former employee’s attempt to use bankruptcy as a shield against a $425,000 legal debt originating from a longstanding feud with CEO Elon Musk.

What Happened: Tesla appealed to a bankruptcy judge on Tuesday to hold ex-employee Martin Tripp responsible for his debt. Tripp had previously conceded his breach of trade secret laws and confidentiality agreements, reported Bloomberg.

The court filing is the newest twist in a quarrel that started in 2018. Tripp had anonymously tipped off the media about Tesla’s excessive wastage of raw materials at its Nevada Gigafactory, which led to his dismissal and ensuing legal skirmishes with the company.

See Also: Bitdeer Technologies Group (NASDAQ:BTDR) Q3 Earnings Highlights: Net Loss Slashed, Gross Profit And Gross Margin Up

In 2020, Tripp agreed to pay $400,000 to settle a lawsuit by Tesla claiming he had leaked confidential data. In ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

Menu

TECH TECH Quote TECH Short TECH News TECH Articles TECH Message Board
Get TECH Alerts

News, Short Squeeze, Breakout and More Instantly...