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Ex-Tesla employees allegedly stole trade secrets in a ridiculously obvious way

sudshr47 March 21, 2019

Tesla is suing five former employees for stealing trade secrets in what looks like ridiculously obvious fashion.

On Wednesday evening, Tesla filed two lawsuits against former employees and the self-driving startup Zoox, as spotted by The Verge. In the first case, it accuses four ex-employees of porting over “proprietary information and trade secrets” to Zoox. And in the second, it accuses one employee of stealing Tesla’s Autopilot source code, and bringing it over to Xiaopeng Motors (XPeng).

The theft, according to Tesla, was “blatant and intentional.” From the filings, it certainly seems that way. Read more…

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Tesla sues former employees, Zoox for alleged trade secret theft

sudshr47 March 21, 2019

Tesla has filed a pair of lawsuits against a handful of former employees who went to work at self-driving vehicle startup Zoox and Chinese EV automaker Xiaopeng. The separate lawsuits filed late Wednesday allege former Tesla employees stole trade secrets and used them at their new places of employment. Tesla declined to comment on either […]

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Self-driving car startup Zoox gets a new CEO

sudshr47 January 14, 2019

Self-driving car startup Zoox has selected its new CEO following the unexpected firing of co-founder and former CEO Tim Kentley-Klay in August. Aicha Evans (pictured above), Intel’s now-former chief strategy officer, is joining Zoox as CEO and member of the board of directors on February 26. “I’m thrilled to join Zoox and challenge the status quo […]

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Self-driving car startup Zoox gets permit to transport passengers in California

sudshr47 December 21, 2018

While more than 60 companies have received permits to test their driverless vehicles in California, Zoox has become the first permitted to actually transport people in those vehicles. The California Public Utilities Commission today granted Zoox a permit to participate in the state’s Autonomous Vehicle Passenger Service pilot. During the testing period, Zoox must have […]

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Building a great startup requires more than genius and a great invention

sudshr47 October 17, 2018 Startups

Many entrepreneurs assume that an invention carries intrinsic value, but that assumption is a fallacy.

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Zoox is offering autonomous rides in SF this week

sudshr47 September 12, 2018

Zoox, the self-driving car startup worth a reported $3.2 billion post-money valuation, is offering autonomous rides this week as part of the Global Climate Action Summit. The Global Climate Action Summit convenes state and local leaders, scientists, non-profits and others to discuss climate action opportunities. In partnership with the Fairmont hotel in San Francisco, Zoox will […]

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Zoox loses its CEO, Eventbrite is going public, and megarounds for Slack, One Medical, and Getaround

sudshr47 August 24, 2018

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we had a full house which was super great. TechCrunch’s Connie Loizos and Sarah Buhr held down the fort in San Francisco along with our guest, Susan Mac Cormac, a partner at Morrison Foerster where she […]

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Self-driving car startup Zoox is raising $500 million at a $3.2 billion valuation

sudshr47 July 17, 2018

Zoox, a once-secretive self-driving car startup, is closing a $500 million at a $3.2 billion post-money valuation, Bloomberg Businessweek reports. Prior to the deal, Zoox was valued at $2.7 billion, Zoox confirmed to TechCrunch. The round, led by Mike Cannon-Brookes of Grok Ventures, brings its total amount of funding to $800 million. Zoox’s plan, according […]