In Texas federal court, Tesla (TSLA.O) filed a lawsuit against Cap-XX on Friday, alleging that the Australian company’s supercapacitors used to store energy in electric vehicle batteries violate two US patents held by a Tesla subsidiary.

Elon Musk, the CEO of Tesla, swore in 2014 not to “initiate patent lawsuits against anyone who, in good faith, wants to use our technology.” The firm claims that the legal action is in reaction to a claim of patent infringement brought by Cap-XX against Tesla subsidiary Maxwell Technologies in 2019.

The lawsuit stated that Tesla was bringing the action against Cap-XX to defend its intellectual property rights since Maxwell had a history of invention that led to the creation of its own patents, which are now under Tesla’s ownership.

Related posts:

Default ThumbnailAfter State Media reports, Alibaba’s stock drops and then recovers Default ThumbnailIn its Virtual Land Sale, the Bored Ape NFT firm raises around $285 million in cryptocurrency Default ThumbnailXiaomi alleges the Indian agency of threatening ‘physical violence’ throughout the investigation Default ThumbnailAdmins of WhatsApp groups have been given greater privileges Default ThumbnailNvidia will pay a $5.5 million fine for ‘inadequate cryptomining disclosures’ Default ThumbnailDue to internet disruptions, Pakistan’s telecom sector loses 2.49 billion rupees Default ThumbnailApple has purchased nearly the entire supply of TSMC’s 3nm chips. Default ThumbnailA potential partnership between Tesla and Samsung may dominate the electric car industry. Default ThumbnailOpenAI Introduces the ChatGPT App for Smartphones Default ThumbnailSunwalk Group of China has begun work on a project to lay 16,000 km of fibre optic cable in Pakistan.