Elon Musk’s SolarCity Sued By Khosla Ventures & Cogenra Solar
Elon Musk's SolarCity has been accused of intellectual property theft by Cogenra Solar, a wholly owned subsidiary of SunPower Corporation, and Khosla Ventures.
In a lawsuit filed in San Francisco on Monday, the parties accused SolarCity of gaining undue advantage of Cogenra's Shingling technology that helps in manufacturing high-efficiency commercially viable solar panels.
SolarCity and its subsidiary Silevo misappropriated Cogenra's trade secrets, manufacturing processes, and other intellectual property to give themselves a competitive advantage and head start in developing shingled-cell solar modules, Cogenra said in the lawsuit.
SolarCity said that last week it discovered that a former SolarCity employee had unlawfully downloaded confidential information, copied that informatio...