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Truce: Nikola Withdraws $2B Suit Against Tesla, Agree to Drop All Claims Against Each Other. Published Jan 05, 2022 at 11:36 AM EST Updated Jan 05, 2022 at 11:51 AM EST. By Adam Staten .
Nikola Corp. has dropped its $2 billion patent infringement suit against Tesla Inc. after months of inactivity that led a federal judge to all but end the nearly 4-year-old case for the two companies.
Fledgling electric-vehicle maker Nikola Corp. is dropping its $2 billion patent lawsuit against rival Tesla Inc. as its founder continues to fight criminal charges that he misled investors.
Electric-vehicle maker Nikola Corp is dropping its patent lawsuit against Tesla Inc over the design of Tesla's Semi trucks, according to a filing late Tuesday in San Francisco federal court.
A federal judge is allowing trucking startup Nikola to proceed with its three-year-old, $2 billion patent lawsuit against Tesla. He had shelved the suit in early October because the two sides ...
Nikola managed to barely hold on to its $2 billion lawsuit against Tesla over the design of its electric truck. The company’s stock went up 5% on the news as Nikola’s prospects are more and ...