Tesla Fires New Salvo At Ex-Worker Bankrupted After Feud With Elon Musk
(Bloomberg) -- Tesla Inc. says a former battery factory worker who publicly criticized the company should be barred from using bankruptcy to avoid paying a $425,000 debt from a yearslong legal feud with Elon Musk.
The company on Tuesday urged a bankruptcy judge not to let Martin Tripp off the hook after he acknowledged violating trade secret laws and confidentiality agreements.
The filing is the latest twist in a dispute dating back to 2018, when Tripp anonymously told the news media that Tesla was wasting a significant amount of raw materials at its Nevada Gigafactory. That ended up getting him fired, and escalated into an exchange of insults and lawsuits with Musk and Tesla.
Read More: Tesla Guards Say Musk Became Fixated on Destroying Whistleblower
Tripp agreed to pay $400,000 in 2020 to settle Tesla's suit accusing him of stealing confidential data. He'd also been ordered to pay Tesla $25,000 in sanctions for posting court documents online in violation of a judge's order.Â
Tripp had been making payments to Tesla until late September, when he filed for bankruptcy, according to Tuesday's filing.
A representative for Tripp didn't respond to a request for comment.
More stories like this are available on bloomberg.com
©2024 Bloomberg L.P.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.