Tesla claimed that Cao downloaded its Autopilot autonomous driving system’s source code prior to resigning and sold it to Xpeng upon joining the company. Guangzhi Cao, a former Autopilot engineer who left to join Xpeng, a top competitor in the electric vehicle industry. filed a lawsuit for misappropriation of trade secrets, breach of contract and breach of fiduciary duty against Dr. IP theft can be committed in various ways such as reproducing copyrighted material planting malware or spyware to record confidential information or via verbal communication with competitors.Īs an example, back in 2019, Tesla, Inc. Examples of IP theft include previous employees of an organization who steal confidential information either for the purpose of working for a rival, selling it to another organization or to set up their own company or business partners, third parties and hackers who steal highly guarded trade secrets. Theft of IP happens when a person intentionally takes, uses, misappropriates, or steals property that is protected under the relevant IP laws. Watching “Charlie and the Chocolate Factory” recently, I couldn’t help but notice the depiction of intellectual property (IP) theft wherein a worker in Willy Wonka’s factory steals his chocolate’s secret recipe and sells it to rivals in the candy industry in an attempt to bring down Willy Wonka’s business.
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