Nikola Corp. has dropped its $2 billion patent infringement suit against Tesla Inc. after months of inactivity that led a federal judge to all but end the nearly 4-year-old case for the two companies.
The companies have agreed to withdraw all claims and counterclaims against each other, according to a joint filing Tuesday in federal court in San Francisco, Nikola (NASDAQ: NKLA) confirmed Wednesday.
The case was already on shaky ground, facing a dismissal in U.S. District Court in San Francisco...
https://www.freightwaves.com/news/nikola-drops-2b-patent-infringement-suit-against-tesla