Tesla Says It’s Settling Technology Theft Suit Against Rivian

Tesla Inc. said it’s reached a “conditional” settlement in its 2020 lawsuit accusing Rivian Automotive Inc. of poaching employees to steal electric-vehicle trade secrets.

Tesla didn’t disclose specifics about the agreement in a court filing, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Rivian declined to comment. A lawyer for Tesla didn’t immediately respond to a request for comment.

The dispute kicked off more than four years ago when Elon Musk’s electric-vehicle maker accused Rivian of an “alarming pattern” of poaching its employees ...