AUTOMOTIVE — Two men have been accused of starting a business in China by stealing trade secrets from electric car manufacturer Tesla and conspiring to sell them to undercover law enforcement officers, US federal prosecutors said on Tuesday. A 58-year-old Canadian citizen who lives in Ningbo, China, was arrested in New York's Long Island, where he had traveled for a meeting with undercover agents whom he had believed were businesspeople, prosecutors said... dw.com
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Tue Apr 08 2025 11:20:25 GMT+0000 (Coordinated Universal Time)
• Tesla shares saw a 12 Percent jump after the company reported its third-quarter earnings on Wednesday
• Japan is exporting more passenger cars to Russia despite Tokyo’s pledge to put the brakes on automotive sales
• China's energy passenger vehicle market continued to see robust growth with retail sales reaching 1.12 million units
• Tesla is planning to lay off nearly 2,700 workers at its Austin, Texas factory in June, according to WARN
• Chinese brands are taking the lead in the country's rapid shift to new energy vehicles, putting Volkswagen on track
• Gold price jumps amid trade war fears • U.S. crude oil losses deepen • Elon Musk’s net worth sinks • Nigerian Naira Plunges, and more - Tuesday 08/April/2025 Top Business News Headlines
China-based man arrested for stealing trade secrets from Tesla electric car and conspiring to sell them
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Published (Updated) on Wednesday, March 20, 2024
• Tesla shares saw a 12 Percent jump after the company reported its third-quarter earnings on Wednesday
• Japan is exporting more passenger cars to Russia despite Tokyo’s pledge to put the brakes on automotive sales
• China's energy passenger vehicle market continued to see robust growth with retail sales reaching 1.12 million units
• Tesla is planning to lay off nearly 2,700 workers at its Austin, Texas factory in June, according to WARN
• Chinese brands are taking the lead in the country's rapid shift to new energy vehicles, putting Volkswagen on track
• Gold price jumps amid trade war fears • U.S. crude oil losses deepen • Elon Musk’s net worth sinks • Nigerian Naira Plunges, and more - Tuesday 08/April/2025 Top Business News Headlines
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