Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian Automotive Inc. has employed an government who beforehand labored for greater than a decade at Tesla Inc (NASDAQ: TSLA) to guide its engineering group, Bloomberg reported Thursday.
What Occurred: Nick Kalayjian shall be becoming a member of the Plymouth, Michigan-based automaker as government vice chairman of engineering and manufacturing, in response to a Bloomberg supply.
The previous Tesla government takes the place of Mark Vinnels, Rivian’s government director of engineering, the individual acquainted with the matter revealed.
Kalayjian’s earlier place is listed as senior vice chairman of Lots, an indoor vertical farming firm, on his LinkedIn profile.
Why It Issues: The appointment comes as Rivian prepares to begin manufacturing of its R1T pickup and R1S SUV by mid-2021, Bloomberg famous.
Though not a direct rent from Tesla, Kalayjian’s appointment may reportedly additional pressure relations between the 2 automakers.
The Elon Musk-led firm sued Rivian In July, alleging that the automaker was poaching its workers and stealing secrets and techniques. Tesla mentioned there may be an “alarming pattern” to Rivian’s worker poaching.
This month, Rivian accused the rival automaker of damaging its fame, and requested a court docket to dismiss the lawsuit, saying, two of the three claims Tesla made have been untenable.
The California-based automaker additionally sued a former worker final yr for stealing secrets and techniques on behalf of Alibaba Group Holding Restricted (NYSE: BABA)-backed Xpeng Motors.
price Motion: Tesla shares closed practically 4% larger at 2,238.75 on Thursday and gained 0.37% within the after-hours session.
© 2020 Fintech Zoom.com. Fintech Zoom doesn’t present funding recommendation. All rights reserved.
