Tesla & Fisker Go Into Arbitration
You may have heard that Tesla Motors filed a lawsuit against Fisker Automotive over allegedly stolen electric car designs. San Mateo Superior Court granted Fisker Automotive’s request for arbitration, according to court records. Fisker also posted a press release stating that they are still on track to deliver the hybrid luxury sedan.
Tesla’s lawsuit states that Fisker and Bernhard Koehler accepted the contract “to gain access to confidential design information and trade secrets, then announced a competing vehicle.” Luckily the contract also had a clause that required that disputes be handled through arbitration. As you can imagine Henrik Fisker and his company are “extremely pleased” with the judge’s decision.
I personally think everyone should be happy with the decision. I’m a bit disappointed that the whole thing happened in the first place. It would be nice to think that these two start-up car makers see each other as symbiotic rivals and not enemies. Why spend money on lawsuits when they could be working to bring more amazing green cars to the street?
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