Tesla Being Sued in China for Trademark Infringement
Tesla Motors (NASDAQ: TSLA) is being sued in China for trademark infringement by Chinese businessman Zhan Baosheng, reports Reuters. Zhan's suit demands Tesla cease all sales and marketing in China, close showrooms and supercharging facilities and pay him $3.85 million in compensation. Zhan registered the Tesla trademark prior to the company's entry into China.
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